Post-Covid: ANewNormal for Angel Investing? 5.3
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T here is a clear consensus amongst angel organi- zations that they will retain some of the changes that they have made to their activities during 2020 in response to the pandemic, partly because the pandem- ic has continued into 2021, necessitating further lock- down, and partly because of the recognition that there have been benefits. The vast majority of organizations anticipated that they would continue with pitching and other events online (investor networking, training, so- cial activities) during 2021 and continue with an inves- tor portal to enable members to view current investment opportunities. Some organizations indicated that they would continue to operate entirely virtually, but most ex-
pected to move to a hybrid format with both in-person and virtual events. However, a few organizations were concerned that many of their members were suffering from ‘Zoom fatigue’ and did not want to continue with virtual investment meetings and were likely to hold back from investing again until in-person events resumed. Some organizations reported that they would shift the emphasis of their activities. For some, this would in- volve greater emphasis on investor relations. Others indicated that they would place more emphasis on en- gaging with their portfolio companies, with increased events for these companies and a greater focus on their funding requirements.
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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