Business and Economics Reporting
Angel investors are affluent individuals who provide financial support to early-stage startups in exchange for equity or convertible debt. They typically invest their personal funds and often bring valuable expertise and networks to the companies they support, acting as both financial backers and mentors. This type of funding is crucial for entrepreneurs looking to launch or expand their businesses, as it can provide the necessary capital during a critical growth phase.
congrats on reading the definition of angel investors. now let's actually learn it.