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angel investor |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.04 sec. |
angel investorAn individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| A business angel could quickly become a business nightmare if the venture fails, and the angel resorts to litigation to recoup some of his or her investment. Jackson has co-founded four start-ups, sits on Newnham Research's Board of Directors and is an active business angel. A business angel is "a private, wealthy individual who makes an investment in your business, usually in the range of $10,000 to $100,000," writes Patricia Ayres, an assistant vice president at Wells Fargo Bank, in her 1994 book "Thanks, But No Banks. |
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