Chapter 11. Other Venture Capital Investors
In this chapter, we describe other venture capital investors. Because there are many similarities between these other sources of funding and those described in the previous chapters, we highlight in this chapter the special characteristics of these non-VC funds sources of financing for entrepreneurial firms.
Private Investors (Angels)
In recent decades, the community of private investors (angels) has developed to massive dimensions. Angels are private investors who invest some of their money in the financing of ventures with the hope of gaining a high return due to the large risk involved in the investment. The angels community is obviously diverse. Some angels have extensive experience ...