When Karen Wilson embarked on analyzing the role of angel investors, she did not know that it would take her around the world. She found out that there was no systematic study on the subject yet. It was not a surprise because angels are usually loosely associated and do not share final investment information. She ended up carrying out 100 interviews and covering 32 countries, connecting with various angel associations in Europe, North American and Asia-Pacific.
I asked Karen last week why her recent report published by the OECD is getting so much interest. According to her it is because of "the short-term finacing gap in the investment market, and the long-term economic growth that will come from jobs created by entrepreneurs". Her book on financing high-growth firms actually debunks a number of myths, from how old entrepreneurs are to where one can get angel investment more easily.