Yes, we have already heard about the dearth of Consumer Web Angel Investors here in Boston. So you might be interested to find out about a local Angel that has a pretty impressive track record in both quantity and quality of deals.
The fund Lead Dog Ventures is run by John Landry and has been active locally since 1994. He has been a fixture around Boston since the inception of the enterprise software industry as CTO of companies like Cullinet , McCormack and Dodge and Lotus.
Here is a photo I pinched from his blog (hope he doesn’t mind) to show you that the guy has gravitas.
As you can see the portfolio is not completely Consumer Web, but the recent fundings of oneforty, Daily Grommet, Ayeah Games and Blueleaf demonstrate the trend towards web oriented businesses.
Take a look at John’s talk at the Angel Boot Camp to get a good feel for how he invests.
So it is not all gloom for Web companies seeking angel funding here in Boston. Some of the traditional enterprise oriented angels will be able to make the transition as John did, and we need more coming from operational experience in web companies to make up the slack for those that don’t, but there are good angels are out when you’re looking.