Folks in Silicon Valley are fond of attaching friendly, anodyne labels to forces that seem bent on world domination (hello, Facebook). So it's no surprise that the latest group of alleged tech marauders goes by a name that might be better suited to a Japanese cartoon boy band: Beware the super angels!
These crafty interlopers represent a hybrid between the two investing models that have long ruled the normally placid world of startup funding. Super angels raise funds like venture capitalists but invest early like angels and in sums between the two, on average from $250,000 to $500,000. By being smaller, faster, and less demanding of entrepreneurs than VCs, super angels are getting first dibs on the best new ideas. Mint, Digg, and Ustream are three of the prominent super-angel-funded companies with traction.
To read the full, original article click on this link: How "Super Angel" Investors Are Reinventing the Startup Economy | Fast Company
Author: Farhad Manjoo
