The "angel" in angel investor is how you're seen by the company you're giving money to. It fits in a tight funding market, although it may not seem to fit now that the market is so liquid.
When I've raised funding I didn't see angel investors as "angels." I wasn't asking for favors. My company wasn't a charity. I wanted investors who believed in what we were doing, not some uncle with money who might think he was being magnanimous.
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The "angel" in angel investor is how you're seen by the company you're giving money to. It fits in a tight funding market, although it may not seem to fit now that the market is so liquid.
When I've raised funding I didn't see angel investors as "angels." I wasn't asking for favors. My company wasn't a charity. I wanted investors who believed in what we were doing, not some uncle with money who might think he was being magnanimous.