A finance professor gives seven basic insights to better understand angel investors.
It’s often assumed that the archetypal venture capital firms around Silicon Valley and Boston — the likes of Kleiner Perkins and Sequoia Capital — supply almost all the initial financing for high-growth startups.
If that was ever true, it’s becoming less so by the day. Largely unnoticed, angel investors have been muscling in on traditional venture firms.
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To read the original article: Ilya Strebulaev: Are Angel Investors the New Disruptors? | Stanford Graduate School of Business
