Greg explained that angel investing is “early support for entrepreneurs and founders who are executing on a business idea that typically has been proven out to a certain stage. …. Companies have typically have raised friends and family money or have self-funded to this point, and then they go out for seeded angel funding.” Investors can work as individuals, part of a syndicate, or part of a club like the Baltimore Angels.
Angel investing is not for everyone. It can be a risky endeavor. Greg broke it down into three characteristics.
The last thing we discussed was what makes a good investment including where the company should be in their maturity and finances.