For the majority of accredited investors, putting funds in an early-stage startup is no better than pissing thousands of dollars down the drain.
In the past, angel investors have been multi-millionaires, even billionaires. They are classified as “sophisticated” or “experienced,” primarily because they can afford to pour $25,00o, $50,000 or more into over a dozen early-stage startups.
To succeed at the high-stakes, low-odds investment game, you’ll need a diverse portfolio of high-calibre companies.
To read the original article: Just a millionaire? The only slightly wealthy can now invest in hot startups | VentureBeat
