Why do Angels Invest?
Description
This podcast is for informational purposes only and is based on the book "A Practical Guide to Angel Investing, 2nd Edition" authored by Steven Gedeon PhD and published by the National Angel Capital Organization. Content discussed is for general guidance on matters of interest and should not be taken as professional, legal, business or investment advice.
Most angels have enjoyed a successful business career and want to share their expertise and experience with younger entrepreneurs. Of course. They want and expect to gain above market rates of return on their investments. That's what makes this form of investing sustainable, but often they also want to pay it forward to help others and give back to their communities.
Angels are often retired executives or other professionals, or in many cases, they are former entrepreneurs who ran and sold their own companies. Business angels invest because of their love for entrepreneurs and the entrepreneurial journey. Angels invest for many reasons, including the excitement of being involved in an interesting company or industry. The desire to mentor the next generation of entrepreneurs, the desire to pay it forward by sharing their expertise with those who need it, contributing to the economic growth of their region, community, or country.
This podcast will help distill the wisdom of hundreds of angel investors who came before you.