Angel investors

[Starmix]

Have you encountered an angel investor? What do you understand about this? Angel investor is private human running a huge investment that makes him wealthy. Angel investor is focused on financing small business ventures in exchange for equity unlike a venture capital firm that uses an investment fund, angels use their own net worth. All angel investors are wealthy and private with high net worth and with business experience who directly invest part of their assets in new and growing private businesses. They can also invest individually. There are famous angel investors in the world and many approach them to finance them.

 

[King Belieal]

Most small business owners have had the chance to expand their business dreams because angel investors showed interest and wanted to invest in their businesses. They turned them down to retain 100% ownership of the business. I better have 50% ownership of a big business than have 100% ownership of a struggling business.

 

[Starmix]

You got the point there. It's better to start our own business and not relying to any angel investors. We could be great in our initiative. There's no deduction as payment to angel investors financing.