How does Angel collaboration improve opportunity for entrepreneurs?
For the entrepreneur there can be more investment funding put together. A network of angels investing together, can tap into more collective funds, as a group. Also, it helps provide entrepreneurs with additional mentorship and cheerleaders. One of the most important elements of obtaining Angel funding is to build relationships with mentors within the Angel group. Angels are typically high net worth individuals that are successful entrepreneurs or business leaders, so they are a great resource to tap into. Angel collaboration also can provide extra legitimacy for the startup when that company seeks follow on funding.