In some ways, getting your startup funded has parallels with The Amazing Race. It can seem like a long, winding, obstacle-strewn course. Kevin Smith of SEEDCHANGE shared his insights with us on what it takes to hook angel investors. Profile of a typical angel investor Middle-aged Well-educated Previous career in technology, finance, or law $50,000-$100,000 to invest in a deal Kinds of companies angels invest in Angels typically look at several dozen startups a year, but given the size of their investment, they usually focus on early-stage tech startups mostly in the areas of cleantech, technology, and fintech. They are interested in whether or not your business solves a problem. In terms of investing criteria, they also want to get a read on the quality of your management team including: backgrounds, domain expertise, track record, and how cohesive you are. They’ll want to know what’s unique about your IP and …
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