What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion Dollar Idea
by Brian Cohen, John Kador
Angel Groups
Angel networks, emerging in the late 1980s, were formed when individual angel investors came together in syndicates to pool their resources (capital and expertise) in order to participate in a larger number of investments and minimize risk by diversifying. Today, these angel groups comprise anywhere between 10 to 200 members, each with a common interest of using personal funds for joint investments. In 2012, there were over 340 major angel groups in the United States, up 13 percent since 2011, according to Angel Capital Education Foundation reports. Over 800 angel groups around the world are connected through Gust.
The rise of angel groups makes life easier both for angels and for founders. These angel groups provide needed education, ...
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