In the “good old days,” angels invested in seed-stage startups and teed up promising companies for subsequent venture capital financing. If the company was successful, this quickly led to an IPO – a very happy ending for the entrepreneur, the angels and the venture capitalists. My, my…how the world has changed. The two major differences […]
Posts Tagged 'IPOs'
The following article appeared in the June 2010 issue of the Flathead Business Journal, but is no longer available online. While wealthy businesspersons have been supporting start-up ventures for hundreds of years, by investing time and money as angel investors, the Venture Capital (VC) industry emerged as investors in new businesses after World War II. […]