Where Venture Angels Ignite™, According to The Deal, “M&A accounted for 70% of the angel investment exits [in 2008], while bankruptcies made up 26% and IPOs 4%.” In a down economy, valuations drop and some companies see it as an opportunity to snap up smaller competitors or to bargain-hu..., According to Peters, angel investors should focus on smaller M&A transactions if they want to exit... moreWhere Venture Angels Ignite™, According to The Deal, “M&A accounted for 70% of the angel investment exits [in 2008], while bankruptcies made up 26% and IPOs 4%.” In a down economy, valuations drop and some companies see it as an opportunity to snap up smaller competitors or to bargain-hu..., According to Peters, angel investors should focus on smaller M&A transactions if they want to exit and make several million dollar capital gains within a few years. view page