We say we're trying to help two guys or two gals in a garage get seed capital. The company takes 5 percent of the money raised and a small stake in the company, Reichert said. While the Internet might be an intriguing way to bring money and ideas together, the jury is still out on matchmaking services. Only a small number of entrepreneurs get money, and most of those are in a fairly exclusive club of high-tech companies. There are flops, and to conceal flops is to do investors a great disservice.
Life is tough.
But angels and entrepreneurs both get something out of the deal that neither can get from institutions. Entrepreneurs get money for companies at a stage that most banks or venture capitalists won't touch. They also might get an investor with the money and expertise to rescue a company at the 11th hour, swooping down and plucking an entrepreneur out of trouble. Avalanche Nuggets Rockies College RockyPreps Recreation Snow Rept.