4 Tips for New Angel Investors
Amid the COVID-19 pandemic, many employees quit their jobs in search of entrepreneurship and the opportunity to author their own career path outside of more traditional paths. The U.S. Department of Labor reports that nearly 4.3 million people quit in January of this year as part of “The Great Resignation.” As more people turn to entrepreneurship, the number of startups has increased across every industry, and, in turn, the number of opportunities for investment. Indeed, now may be an opportune time to become an angel investor; but, it takes much more work than throwing money at the first startup you see. What is Angel Investing? To figure out whether you can become an angel investor, you must first understand the requirements. An angel investor is an individual who invests their money in startup companies in the hopes to earn back the investment — with a profit. Before becoming an angel investor, you need to become an accredited investor. According to NerdWallet , this requires th