I have heard about the Ice Angels in New Zealand and someone told me the group does “angel investing”. What does that entail?
Angel investing is a type of investing in which high net worth individual investors invest money into seed or Series A companies. These companies are typically early stage and have either no revenue or only a little bit of revenue.
Angel investors invest for a variety of reasons including a desire to mentor, financial returns, as a hobby, as a networking tool or perhaps to learn about new industries.
Angel investors typically invest between 5-100k in a company.