An angel investor is an individual who invests their personal money in entrepreneurs and their startup companies. These people are often entrepreneurs themselves or have wealth from their family, winning the lottery, or other good investments.
A private source of capital is a: financial backer providing venture capital funds for small startups or entrepreneurs.
How would you describe angel investors and their activities?
Angel investors are individuals who invest in businesses looking for a higher return than found in traditional investments, and who often relish the thought of being a coach, a hands-on team member, or giving something back to the community. Many are successful entrepreneurs who want to help other entrepreneurs get their business off the ground. Angels usually provide the bridge capital from the self-funded stage of the business to the point the business qualifies for the level of funding