PricewaterhouseCoopers hosted its quarterly "Shaking the MoneyTree" breakfast this morning in Cary, NC.
After going over the Q1 2006 venture numbers, PWC's Jeff Barber moderated a panel discussion with two active venture capitalists: The Aurora Funds' Jeff Clark and H.I.G. Ventures' David Sung.
One interesting discussion topic was the status of seed and early-stage investing.
In particular, Jeff Clark said he's seeing a "re-engaged angel community that's getting much more organized."
He said that angels "got burned and burned badly" during the dot-com bust. But he added that "enough time has passed between 2001/2002 to allow healing to occur. Angels are sticking to what they know. Their level of sophistication is picking up, they're adding value and doing different types of deals."
CED has made it a priority to connect angel investors across the region.
What else should be done to engage or support the angel community in providing seed-stage funding for entrepreneurial companies?