Start-Up Growth Often Relies on the Work of Angels

by Robert W. Fesnak, CPA, CMA, CVA | Sep 04, 2018

For the rising entrepreneur, obtaining access to capital is a major hurdle. There is a large capital gap between friend and family funding and institutional venture capital funding. This is partly due to the success of venture capital funds and their focus on larger, more developed investment opportunities. In addition, venture capital funds tend to favor more conservative investments in companies past the start-up stage. Angel investors are critical to filling funding gaps, particularly for start-ups and early-stage companies.

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