Top Ten Tips For Raising Angel Financing“Top Ten Tips For Raising Angel Financing”
By Bob Norton
“Angel Investors (?Angels?) have become a much more important source of capital than ever before. Statistics show they have invested more than VCs in some past years and almost always invest more in early stage deals. With VCs treating early stage deals like they have the plague, young companies had better understand and use angel financing effectively. Unfortunately, angels are nervous that follow-on financing for the round after theirs will not be there and a good investment will go bad from a lack of available capital. This same phenomenon happened in the early 1990s. Similarly, today many companies will not be able to jump the huge gap between angel financing and institutional financing and NEED to adjust their business plans to compensate for this environment.”
– This is a great article. Very concise and clear. It is used as a piece of marketing for Bob Norton’s consulting company but you can feel and read the honesty there. I am going to do as he suggests and post it on my wall to review every month. -ed.