Why Entrepreneurs Need Angels – And How Angels Are Improving
Many people assume that venture capitalists provide startup funding. But that hasn't been the case in the last decade - VCs usually step in with growth funding, after a new firm has proven itself to some degree... By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Here is an interview with Marianne Hudson, executive director of the Angel Resource Institute about the importance of angel investors to early-stage entrepreneurs:
Angel investors, or simply "angels," are high-net-worth individuals who provide money for startup firms with growth potential. Often former entrepreneurs themselves, angels can bring value to new firms through mentoring and industry connections as well.
Angel investing was long done in an informal, isolated fashion but is now becoming more systematic and organized
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