This may be the best time in years for an investor to become an angel. But that doesn't mean you should rush out to get yourself fitted for wings and a halo.
An angel investor is anyone who privately provides capital to a promising business, often a start-up, that isn't run by a friend or family member. Scott Shane, an economist at Case Western Reserve University in Cleveland, estimates that the U.S. has at least 140,000 active angels who collectively invest some $20 billion a year in new businesses.
Can Angel Investors Earn Heavenly Returns?
