BUSINESS ANGELS: POTENTIAL FINANCIAL ENGINES FOR START-UPSReport as inadecuate




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Economic research - Ekonomska istraživanja, Vol.22 No.3 September 2009. -

Business angels are becoming more important as an investor class that is able to bridge the investment gap that exists between the proximity financing of family and friends and formal venture capital. Business angels’ investments can be both early stage and expansion and they can have a leveraging effect for other sources of funding, including bank loans and formal venture capital. Though angel investing has both its advantages and disadvantages, it is widely agreed that the advantages of business angels generally outweigh their disadvantages, making an active informal venture capital market a prerequisite for a vigorous enterprise economy.

business angels; start-ups; financing; informal investors; venture capital



Author: Laura Giurca Vasilescu -

Source: http://hrcak.srce.hr/



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