Sep 25, 2021
1 min read
Business Angels and Family
Startups that need flexibility can benefit from getting investment from a business angel or a family office. They can be sources of ‘patient capital’ that have no pressure to get a return in a specific timeframe. Angel investors will usually take seats on the board and spend energy and time building a business. In exchange for their dedication and money, they generally take a 15–30% stake in the company. A key thing to note is that if you secure funding from multiple business angels and family offices, you will have to spend a lot of time coordinating and liaising with each shareholder.
