Angel Funding at a Glance
For those who don’t know a lot about venture funding, an “angel” is
a venture capitalist who invests in companies or ideas at their
earliest stages (often before any prototype exists). An angel will
help put a company on sound financial and corporate footing, fund
its prototype, provide technical/business guidance and help it make
initial contacts and secure contracts in relevant industries.
Ultimately, an angel incubates and prepares a company, proves the
concept, and paves the way for the next, much larger round of
venture financing. |