How Angels are Different
Toni Gasgupta, an investor with Tech Coast Angels (TCA), writes how angels are a different breed of investor.
Some highlights include:
- Angels are less risk averse because it’s their money on the line. Since they are not accountable to anyone, as with a VC, they are more likely to try an oddball idea.
- Angel investing isn’t the best way to make money. They do it because they like the idea of nurturing a company.
- Angel groups are made up of many dynamic people. You’re likely to find one that knows your space.
- Angels can become great champions for your company when seeking further funds.
Evan Bartlett :: Jun.07.2007
Angel Investor, Tips
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- Angels are less risk averse because it’s their money on the line. Since they are not accountable to anyone, as with a VC, they are more likely to try an oddball idea.
- Angel investing isn’t the best way to make money. They do it because they like the idea of nurturing a company.
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