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Things Every Entrepreneur Should Know About Angel Investors
Fremont: With big ideas, startups usually look for big pockets, i.e., Angel investors who not only have piles of money but also will take your company to the next level. It is certainly possible to find such an Angel Investor. In this economy, money is tighter than ever and yet Angel investors are ready to pump in fund and help the startups to break into the market. However, before approaching to these Angels, startups should know the following points about them.
Know Where To Look
It is true that the Angel investors are always eager to fund the startups that have great scalable business ideas. But all the Angel investors are not ready to fund all the industry. So, it is quite important for the startups to narrow down on the Angel investors who are interested in your industry. It would be of great help for the startups if they meet the portfolio companies of the Angel investors they have invested in to get a better idea on framing the business plan and the term sheet.
