Today I went to the Angel Capital Education Foundation’s event Starting An Angel Organization which was graciously hosted by the folks from the Georgia Centers of Innovation. The event was pretty interesting although I think it was more useful to the folks from Augusta, Gainesville, and Valdosta who are trying to start up angel groups in their cities.
During the event, I heard one interesting confirmation. During a conversation one of the participants agreed with my assessment of fund raising in Atlanta and said:
Yeah, the [fund raising] atmosphere in Atlanta has stagnated.
Wow. People from outside of Atlanta clearly see the situation here has stagnated but there are many folks here who just refuse to believe it. I’ve gotten numerous emails from local investors who say they just don’t agree with my assessment of the local fund raising atmosphere.
Am I crazy? What do you think of the Atlanta fund raising atmosphere?

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