Startup Financing(continued) Angel investors Individuals with money and time who enjoy the excitement of early-stage investing Not averse to taking risks Primarily interested in business idea Angel investment club members Accredited investors with minimum net worth of S1M or annual income of $200, 000 or household income of $300,000 over the last two years Creating a Winning E-Business Second Edition Chapter 4Creating a Winning E-Business Second Edition, Chapter 4 7 Startup Financing (continued) ▪ Angel investors – Individuals with money and time who enjoy the excitement of early-stage investing – Not averse to taking risks – Primarily interested in business idea – Angel investment club members • Accredited investors with minimum net worth of $1M or annual income of $200,000 or household income of $300,000 over the last two years