Each quarter, the Angel Resource Institute, Silicon Valley Bank, and CB Insights release what's known as the "Halo Report." They examine angel group investment activity. Such “angel investors” are venture capitalists who invest money in the early stages of a developing company. (Think “Shark Tank”).
In the first quarter of this year, out of ten regions examined by the Halo Report, Texas ranked dead last in the number of early stage or angel investors. Texas fared better in the 2nd quarter, but it would seem not to make much sense. How could Texas – a state known for favoring business, with a number of well-known families with deep pockets looking to invest – ever be lacking in angel investors?
We ask Russ Capper, founder and host of The BusinessMakers Show and The Energy Makers Show. (He's also one of our rotating panelists on the Friday conversation The Good the Bad and the Ugly).
