STARTUPS: A well-worn path has led many startups to evolve financially from bootstrapping to angel to venture investment. But there is a growing sense that angels are becoming bigger players further up the food chain to effectively become mini-VCs, but with different ideas, processes and expectations. Read more on the Stanford Blog.
It’s often assumed that the archetypal venture capital firms supply almost all the initial financing for a high-growth startup.
If that was ever true, it’s becoming less so by the day. Largely unnoticed, angel investors have been muscling in on traditional venture firms.
Thanks in part to the plunging cost of technology, angels have enjoyed a growing competitive advantage in funding very early stage companies.
Read more on the Stanford Blog
NB:Angel devil image via Shutterstock.