A new source of money has arrived on the venture capital scene. So-called “super angels” (or micro-venture capitalists) have upped the ante by pooling resources from multiple investors in a way that enables them to raise considerably more money than angels have in the past. US $500,000 is enough competition to annoy a VC firm [...]
There was a day not long ago when a venture capitalist wouldn’t even look at a deal if all the entrepreneur was seeking was a minimal investment to get the company off the ground. Such investments were too small to consider and hardly worth their time. While this may have posed a problem for the [...]