Tag: angel investing
New Rules for Angel Investing
by Carter Schimpff on Nov.10, 2009, under News Article Review
This article from the New York Times Small Business section may be of interest to some of you out there, especially if you’ve used (or plan to ever use) an “Angel Investor”.
Just in case you’re unfamiliar, “Angel Investor” is a moniker for an individual (or group) who helps inject cash capital into a business during the startup period or during a significant growth period. In exchange for the capital injection, Angel Investors usually receive some share of equity ownership and/or convertible debt of some type.
What you should take away from the article: While it may be much, much harder to find an active Angel Investor right now, do know that they’re still out there. At the moment, they’re shying away from financing start-ups and waiting until the company has already proven that it can hold traction in the market.
So, if you’ve been thinking about finding an Angel Investor for your company, don’t be discouraged. Just show them a rock-solid balance sheet, a track history of great traffic, and an excellent management team.