What is Angel Investment and how does it support Entrepreneurship?
What is Angel Investment and how does it support Entrepreneurship?
Lately, I have been hearing a lot about Angel Investment that encourage the entrepreneurial skills among the masses. However, very few people are actually aware about the angel investments that are taking place in the country-talking place. Very few networks have been working on this concept as compared to the networks working in other countries.
Can anyone throw more light on about angel investment or any such network?
What is Angel Investment and how does it support Entrepreneurship?
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Best Answer – Chosen by Voters
Only if there is a product in development that is ahead of schedule for production and needs marketing money would I suggest ever going with an Angel investor. Their intent is to put in some money and expect 10+ percent per year return with their share coming off the top of any returns. It should be an absolute last ditch effort of getting money for any company unless you are guaranteed a return of 25% above cost for at least the next 6 years. Sales are to be in the multi-million range.
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