A note from Sary

Angel capital is where we shift from Loans to Capital. An "angel" is an individual private investor- someone who has excess wealth they'd like to invest in a private business, usually $10,000 to $1 million. In exchange, they'll own 1 to 10 percent of the business. Taking on an angel investor is a bit like taking on a silent partner--they give you Capital, and in exchange you give them partial legal ownership of the business. Some angels offer advice and are available for consulting, but they don't have the power to make business decisions.

Sary The Personal MBA, page 208 · November 5, 2023 Save to shelf
Notes like this take four seconds in Booksense. Scan the paragraph, it lands on the right page, and comes back for review later. Take your first note

More from readers of The Personal MBA

Sary p. 350

More from Sary

See their profile

Stop losing the best parts of what you read.

Booksense pushes your highlights back to you for review, so a note from page 174 is still yours a year later. Free on iOS.

Sary on Booksense 1,235 notes 212 hours of reading