• Josh Lerner


The Globalization of Angel Investments. Josh Lerner, September 2015, Paper, "The last decade has seen a rapid expansion and deepening of the types of vehicles that fund start-up firms in the U.S. and worldwide. In particular, we have seen a growing role of angel groups and other more “individualistic” funding options for start-ups, such as super angels or crowd sourcing platforms. While venture capital remains concentrated in a few metropolitan areas, mostly in the United States, the amount of angel investments appear to be increasing in many nations (Wilson and Silva, 2013). But one could argue that the funding of new ventures by wealthy individuals..." Link