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When entrepreneurs are launching a venture, access to start-up capital can make or break the business. Some founders tap their social network, calling on friends and family to invest seed money. As an alternative, founders of a new venture can solicit investment money from angel investors.
According to the Wikipedia entry, "an angel investor or angel is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital."
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