Your growth projections will need to make this feasible. Private Venture Capital Realistically, only a small number of the individuals reading this article are viable candidates for venture capitalists. The vast majority are better suited for the community of individual venture capitalists known as angels. Angels are responsible for financing about 95 percent of all start-ups that receive outside funding. They have the most diverse resources.
Angels have individual standards, preferences, understanding and objectives.
Spend enough time with these people and you will know that there an angel for everyone. Risks Profit is not always the primary motivation. If you can discover an angel s underlying desires, you can greatly improve your odds of closing the deal by building on those points most important to him or her. Ego Their desire to own part of a highly visible business. Their desire to escape the boredom of their job and the rush from seeing a high-risk investment hit pay dirt.