Angel statistics are ridiculously hard to source accurately as most angels are either fairly private or lie about what they have invested in) i.e. they don't cr

Angel statistics are ridiculously hard to source accurately as most angels are either fairly private or lie about what they have invested in) i.e. they don't crow about their disastrous investments and bug up the ones that are successful. However, interesting anecdotal reports of a fair amount of angel money becoming available in France as French laws encourage angels activity through tax breaks. As France is part of the EU, and by law any such tax breaks have to be extended to French investments in any EU country, where has been a significant flood of French money into the UK in past year. (i.e. UK is seen as being a good place to invest in startups due to combination of tax regime (could change soon), proximity to markets, ease of movement into US, amount of seasoned entrepreneurs, support networks etc.