"It’s beginning to remind me of 2001-2004. The money is getting scarce and the industry is afraid to take decisions. This is the best time for angels to invest. We can invest at the top of the deal flow. We don’t have the pressure to release money or show performance like a VC fund. You can use sober opinion. It will be more difficult to raise money now, but the opportunities are still there. There is still a desire to conquer the world."
