Sources of Financing
Angel partners are wealthy investors who invest in business start-ups in exchange for an equity stake in the company. Angels fill a significant gap in the seed capital market, financing start-ups with capital requirements and can provide any amount of investment up to the $10 million range.
Construct a simple brief profile of the typical private investor (angel). Consider factors like age, gender, educational level and other personal characteristics of the typical private investor. How can entrepreneurs locate such angels to invest in their businesses?