Angel Investing – NZ Herald article
In the 4th part of this series Rod discusses the role of angel investment in early stage ventures.
-two tiers – formalised angel groups/networks who tend to invest together, reducing individual risk. The othe tier are just individuals.
Some of these groups include:
ICE Angels – http://www.iceangels.co.nz/
bizAngels – http://www.bizangels.co.nz
Sparkbox – http://www.sparkbox.co.nz/
Rod sums it up quite nicely – Angel investment is hard. They tend to fund low numbers of companies and the deals to not tend to proceed as planned – more time & money than first thought. Some angel investors may not realise they are one – they are simiply moderately wealthy people and most are first time business investors. Building realtionships are important as angel investing tends to by more emotional than analytical