Venture capital has gotten harder to obtain in the recession years (VCs, like everyone else, have gotten more conservative with their investments). That’s why today’s innovative startup entrepreneurs are seeking financing from a new type of source: the “super angel.”
Halfway between traditional angel investors and venture capitalists, super angels combine the traits of both in a way that makes them well-suited to help today’s innovative entrepreneurs. Knowledge@Wharton recently took a look at what’s going on in the super angel arena. Here’s what you need to know:
- Like angels, super angels are often former entrepreneurs. What’s different is that many of them came out of groundbreaking tech companies, such as Google and PayPal, giving them insider insights into what makes innovative business ideas succeed or fail.
To read the full, original article click on this link: Look Up in the Sky: It’s a Super Angel
Author: Anita Campbell
