I N V E S TME N T ACT I V I T Y I N 2 0 2 0 I nves tment Cha r ac t e r i s t i cs - F i rm S i ze
117
Firm Size at Time of Investment- 2020 FIGURE 19
5% 1%
3%
4%
4%
5%
3%
5%
9%
13%
24%
11%
22%
17%
24%
15%
16%
28%
16%
22%
28%
32%
25%
28%
1 to 5 6 to 10 11 to 25 26 to 50 51+
18%
24%
52%
45%
44%
42%
42%
40%
32%
0%
0%
2014
2015
2016
2017
2018
2019
2020
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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