The angel funder is often a successful businessman in his or
her own right. They often start to look for other investments when their
original business is running well, and has a good management team in place.
In the early stages of being an angel funder they will
generally invest at higher levels of risk than banks, but they can sometimes
also be too keen to be involved, and often interfere in the management of the
company in which they have invested.
Angel funders are great sources of funding, but try and find
one that has matured and is happy to play the role of mentor rather than
manager.
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