Forming Joint Ventures, Mergers, Acquisitions, etc. Angels are wealthy individuals who desire and are willing to invest time and money in companies considered to have both the right fit and the investment return potential. More money and more deals. This is two to three times more money than investments from Institutional Venture Capital firms. Relatively easy to evaluate and learn track records of Venture Capital investors.
Funds are sophisticated and are handled by experienced investors.
The process of being introduced to and or gaining the attention of a Venture Capital source of funding can be a long and exhausting process. Only a small fraction of submitted and reviewed deals actually obtain funding. Substantial internal planning and preparation is required. Venture Capital money can be expensive to acquire. They look for high returns as well as sophisticated investment and exit strategies.