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Models of Angel Organizations
Angel investors are wealthy businesspeople who invest time and money in startup, high-growth companies – usually after demand for their products has been validated by customers. Typical angel rounds of investment range from $150,000 to $1 million with multiple investors participating. Beginning in the mid-’90s, angel investors began forming groups to take advantage of the efficiencies of investing together. There are now over 350 angel groups in the US and about 400 in Europe. Angel groups are organized as Networks and Funds and are managed by members, in some instances, and by managers in others.
By Bill Payne
Full Story: http://www.flatheadbeacon.com/articles/article/models_of_angel_organizations/22714/
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