Sophisticated angel investors don’t finance early stage companies because they love technology, want to help entrepreneurs, to benefit society or any of the other things that the term “angel” might imply. They do it to make money.
For their startup investments to be worthwhile, the returns angels generate have to exceed the returns the investors could earn from investing in other assets — bonds, public equities, commodities, real estate, and so on.
How To Maximize Financial Returns From Angel Investing
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