It is very interesting to read we have a new category of funds available for investors, from the so-called “super angels”.
I believe this not only offers a new opportunity for entrepreneurs, but that they really address a space which is super critical for hitech startups these days.
Yup, you need in fact many Angels if each is supposed to fund you with 20-50k$; even if yes, I also understand that usually the problem with angel investors is to start the process, after the first one you will be luckier to raise the next ones.
You would be happy if you were able to raise more than that 🙂
But given that the first year costs for hitech startups have dropped significantly, thanks to the availability of cheaper and scalable platforms, the need for the millions comes much later, when you maybe already in the money and look for the operating capital to finance going big.
It is then very appropriate that someone is addressing the space of the 100-500k$ investments.
Other comments: there are people out there that now have more than the 20-50k$ to invest, and they are not interested in investing them at the minimal rates that bond or CD offer; and there is a fresh new set of ideas coming up, while the perceived risk is lowering….
Both would be good news!