Date of this Version
- Angel investors are wealthy individuals who use their personal assets to invest in startups, typically in early stages before venture capitalists.
- While angel investors have typically invested more heavily in earlier stage startups, this paradigm has been shifting in recent years.
- Angel investors are likely to take smaller percentages of equity than a venture capitalist, or use debt-convertible notes, and they may want board representation.
- It is vital to have investors whose goals are aligned with the company’s.
- There are six key points investors are listening for in a business pitch: concept, market size/growth, management team, business model, exit scenario, and valuation.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Academic Entrepreneurship for Medical and Health Scientists: Vol. 1
, Article 5.
Available at: https://repository.upenn.edu/ace/vol1/iss2/5