Startup Funding Espresso -- Where Does the Angel Play?
Where Does the Angel Play? Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. So, what startups do angel investors pursue? Angel investors invest in high-growth startups, most often tech-enabled. Restaurants, retail, and service businesses are not necessarily a fit for angel investors. Angels seek a return on investment in the range of 44% IRR. While some angels are looking for home runs, most angels invest in deals that are singles and doubles for returns as they don\u2019t have the deep pockets to fund a startup all the way. Angels look for capital-efficient deals and have the opportunity to scale. Those startups with recurring revenue are preferred.\xa0 Angels invest in businesses that, for the most part, have an initial product and are going into the market. They look for companies that, for the most part, can run themselves.\xa0\xa0 Unlike the VC, which earns a paycheck through their management fee, the angel has no management fee, so all costs come out of pocket, and all time comes from the angel investor\u2019s own time. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .