“Angels,” Angels, and VCs
Y Combinator
AUGUST 12, 2019
I’ve recently noticed an uptick in the number of “angels” that aren’t actually angels. These investors are institutional funds (read, LP dollars), the details of which aren’t generally disclosed until the founder sees a strange entity name on the signature lines in the docs. 1. This is different than investing through a trust or fund that represents an investor for legal reasons.
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