Interesting post in the Wall Street Journal by Kelly Spors on the Five Common Myths of Angel Investing.
In this article, angel investing is really considered in its broadest sense including family, friends (and fools), all the way through to and including angels in formal investing groups. Thanks to the financial mess our country finds itself in, I think the coming year is going to be a very interesting one for early stage entrepreneurs looking for money, because potential angel investors are going to be presented by their financial advisors with lots of interesting opportunities, and investing in companies will be just one of their options. Unfortunately for the entrepreneurs, it will also probably be the angels riskiest option with the greatest potential for the ultimate investing disaster…losing all of their investment.
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