Figuring out what an angel investment group is looking for is no easy task. Giving it to them is even harder. Take a look at the seven qualities outlined by a consultant in Canada.
The qualities are surprisingly similar from group to group, and even from country to country. The days of writing a note on a napkin are long gone, and now angels want a well-thought out plan, just like venture capitalists and other lenders and investors.
There is, however, a surprising amount of angel money available, so it is well worth the effort to approach this investment source.
Also see:
Angel Investor Networks
Wednesday, March 12, 2008
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