The Anatomy of Angel Networks - Hurding is Critical to Angel Funding - Montana Angel Investor Network Initiative Takes Wing
| July 18, 2008 |
Each source of funding corresponds to a stage that the company is at, the amount of funding needed, the usage of the proceeds, the ROI expected, the period, etc. An angel network is a group of accredited investors whose primary goal is to invest in startups hoping to get a higher return on their investment compared to conventional financial instruments. Typically, they expect a minimum of 10x return on their investment considering the high risk associated with the ventures that they invest in. In addition to this primary objective, members of an angel network have some secondary altruistic objectives including helping entrepreneurs, raising the socio-economical climate of their region, keeping abreast of current developments, and making use of their experience and networks on a part-time basis.
David Saad
Full Story: http://alwayson.goingon.com/permalink/post/28113
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Montana Angel Investor Network Initiative Takes Wing http://matr.net/article-29785.html
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