The predominant characteristics of an Angel Investor today are:
A) They are distance from Venture Capital investors who tend to provide first-round financing rather than seed money.
B) Entrepreneurs typically require a larger contribution of seed money than was needed in the past.
C) The angel capital market has consolidated such that it is almost entirely composed of wealthy investors with domain experience.
D) Small investors are effectively precluded from this activity due to the significant minimum level of investment required.
E) Because of the increased demand for start-up capital,angel investors and venture capitalists are increasingly working together to fund several of the financial stages of new entrepreneurial ventures.
Correct Answer:
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