So we’re exactly two months after our first Atlanta Shotput Ventures Demo Day. Let’s take a quick look at how things have played out so far:
- Three of the eight companies have stayed in Atlanta and five have moved out (almost all that left returned to where they came from)
- Two have raised a professional angel round or are about to close the round
- Two have raised money from friends and family
- One is trying to raise a Series A
- One has pseudo shutdown while evaluating next steps
- Two companies were put in part-time mode while the co-founders took consulting jobs unrelated to their startup
- Two are generating revenue
That’s all I have right now. Stay tuned for more updates in the future.
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