New Survey from Fenwick & West Looks at Angel Funding Landscape
ReadWriteStart
APRIL 7, 2011
The survey includes responses from 52 Internet, digital media, and software companies that raised money in the Silicon Valley and Seattle in 2010. The majority of financings was structured as preferred stock (69%), as opposed to convertible note financings (31%), and the vast majority of those (83%) had their conversion price capped.
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