Guest post from Howard Leonhardt, founder of the California Stock Exchange. The number of accredited angel investors in the USA declined 15.8% to 268,000 in 2012*. Less than 35% of these 268,000 potential investors or 93,800 have any interest in seed stage investments. Of these 93,800 potential seed stage investors less than 33% of these have any interest to invest in a company where they do not personally know the founders. This leaves 30,954 for the all the startups in the USA to chase with the enactment of the JOBS ACT Title II permitting general solicitation. Of this remaining 30,954 61% of their investments will go into healthcare, software and biotech. If you are not in these limited categories then you are down to chasing 12,072 potential pre-qualified angel investors nationwide.