Angel investors are the new black. In a down market, many entrepreneurs are looking to angels for salvation. But they may be in for a rude awakening. Angels are not exempt from economic pressures, and their outlook, strategies, and requirements are changing….

Last Wednesday at our Dealmaker LA event, Silicon Valley and SoCal angel and seed-stage investors (both large check writers and small) came together with LA entrepreneurs to hash out the true value of angel financing – and what’s changed due to last year’s econo-clypse.

Speakers Included:

Jarl Mohn, Investor
The Lowdown: Former CEO of Liberty Digital, Created E! Entertainment Television & the Style Network (CEO), former EVP & GM of MTV & VH1, and private investor.

Rob Hayes, Partner, First Round Capital
The Lowdown: Partner at the famed First Round Capital, the Bay Area firm that has provided seed-stage investments to some of the most well known startups, from RockYou to Mint.

Thomas McInerney, Angel Investor, TGM
The Lowdown: Former CEO of Guba who is based in L.A. and now spends his time advising and investing in internet startups like Shopflick and The Experience Project.

Scott Sangster, President, OrganicStartup
The Lowdown: Former Disney exec who runs OrganicStartup, a firm that invests in, advises, and incubates seed-stage internet startups in Southern California.

Moderator: Dan Gould, VP Technology Fox Interactive Media

Check out the pictures from last week; and be sure to join us September 17 at Rustic Canyon Partners for a Strategy Series focused on the Startup Exit Ecosystem – who’s buying, who’s not – and why. More Info.

And thanks again to our sponsors: CoreObjects, Manatt Phelps and Phillips LLP, Microsoft BizSpark, Clearstone Venture Partners, GRP Partners, Rustic Canyon Partners, Mailroom Fund, Media Temple and Techzulu.