In a Down Economy, Angel Investors Change Course

Stacey Higginbotham | GigaOM

“Two trends we’ve seen are: We’re investing in deals we’re already in, and [we're] keeping them alive longer because conditions are not ripe for an exit,” said John May, founder of Washington D.C.-based Active Angel Investors. “We’re also giving more runway to portfolio companies. When times are tight, we want to overfund.”