What Is The Definition of An Angel Investor?

Posted by Pierre de la Fortune on April 2, 2015 @ 12:01 a.m.

Written by Brad Feld

Yesterday I had a good conversation with Nivi, the co-author of the great Venture Hacks blog. He recently added me to AngelList, a directory of angel and seed investors that Nivi curates. Our discussion covered a variety of things, including trying to define the parameters that qualifies someone to call themselves an angel investor.

Historically, Ive always said that someone can call themselves an angel investor only if they actually make angel investments! Ive been exposed to many angel investors who have actually never written a check for an equity investment. These non-angels come in many shapes and sizes and often end up either offering to become advisors for equity (or worse a retainer), brokers (where they help you raise money for a percentage raised), or employees (where the end up trying to get a job). Now, there is nothing wrong with this, other than them presenting themselves as angel investors. Oh, and some people just like to be in clubs with other people who presumably make investments hang out.

My historical viewpoint was an angel investor is defined as someone who makes at least one equity investment in a seed or early stage company each year of at least $25,000. So, if an angel investor has been investing for four years, they have at least four separate investments of at least $25,000 each for a total of at least $100,000 invested. Basically, if you cant (or dont) invest at least $25,000 per year, I dont think you should call yourself an angel investor.

As we worked through the StartupVisa stuff, we realized this wasnt a high enough threshold for the type of angel investors we thought should be able to sponsor a Startup visa. So, we came up with the definition of a Super Angel. A Super Angel is an angel investor who has been investing for at least three years and has made at least two equity investments of at least $50,000 each in each of the three years. This is a total of at least six equity investments totaling at least $300,000. Most of the people I consider Super Angels are substantially above this threshold.

What do you think of these definitions? Too strict or too loose? Any other thoughts on how to qualify someone as an angel investor?

For more info please visit: http://www.feld.com/wp/archives/2009/12/what-is-the-definition-of-an-angel-investor.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FeldThoughts+%28Feld+Thoughts%29

Is this article helpful?

Comments

I like Angels...

I like Angels...

I LOVE ANGELS!!!

I love angels, vcs, backers, and creative everyday people ;-) -Pierre (owner of moneyblitz.tv)

on sale michael kors

Oakley is an authentic brand which gives you complete eye protection. It assures you best quality and you can see for yourself what it can do to your personality and confidence.

եǥ Хå h

եǥ Хå h http://ameblo.jp/hivison/entry-11998741038.html եǥ å ϥɥХå http://ameblo.jp/ribenaa/entry-11998726530.html FENDI rӋ ߥå http://

FENDI ؔ ڥ

FENDI ؔ ڥ http://ameblo.jp/ribenaa/entry-11998720165.html եǥ ԩ`֩` ˚ http://ameblo.jp/hivison/entry-11998734199.html եǥ ޥե` ߥ http://ameblo.jp/viso

եǥ Хå `ѩ`ԩ`

եǥ Хå `ѩ`ԩ` http://ameblo.jp/ribenaa/entry-11998730149.html եǥ rӋ ` http://ameblo.jp/hivison/entry-11998734683.html եǥ rӋ ץ쥼

http://stomarbg.com/p.php?assrxleei5

Related articles: http://www.lucy-gordon.com/p.asp?shnc48jp http://www.informationenvironments.org.uk/p.asp?sh58gxs4bf http://www.deksl.es/p.asp?sh0wvcpwoc http://www.sankyulogistics.com.br/p.asp?shbsft5b74 http://www.u1media.com/p.asp?shtoqimii h

http://www.herodmc.com/p.php?asdtodd1

Related articles: http://www.jmsrbgc.com/p.asp?shtgaz7vg8 http://www.t-mall.net/p.asp?sh7u2n6e51 http://www.czrunqi.com/p.asp?shmdh7fyqr http://www.bjxiuge.net/p.asp?shw50kwm6e http://www.ynly666.com/p.asp?sh6f237jh http://www.herodmc.com/p.php?as

http://www.shjrwjc.com/p.php?asb66q2mqy

Related articles: http://www.app116.com/p.asp?shhlj0o http://www.liliangtuzhuang.com/p.asp?sht6uiw2a http://www.shbaihan.com/p.asp?shq35xd6k http://www.210rx.com/p.asp?sh8eb6xr http://www.jiasz.net/p.asp?shocxrvh http://www.shjrwjc.com/p.php?asb66

http://www.fyyzkj.com/p.php?aswsebru

Related articles: http://67.78.104.234/p.asp?sh5dfk0r http://www.nobregafinancial.com/p.asp?shtxtlpk http://www.okanaganantiquepower.ca/p.asp?sh62lxab52 http://www.taewoongtech.com/p.asp?shsptk14wx http://www.mejorandovision.com.mx/p.asp?shez1l8bm

http://www.okanaganantiquepower.ca/p.php?asyh50tg

Related articles: http://www.bahaynabato.com/p.asp?shpwzcjlti http://romariconstruction.com/p.asp?shsxhz3uwt http://fueloptions.net/p.asp?sh4cjejy http://www.mindlifebroker.co.th/p.asp?shrffx87 http://www.waecgambia.org/p.asp?shcowg1a4 http://www.

http://cms.triteknoiaxarnon.gr/p.php?asim4tqj5

Related articles: http://crm.global-opportunities.net/p.asp?shwcoeadu7 http://188.95.240.35/p.asp?shp8fpk3 http://www.icpas.org.il/p.asp?shdmjl5a7c http://www.reephen.com/p.asp?shed3rb6e http://huashengdichan.com/p.asp?shiz3xp1z http://cms.tritekn

http://www.fourseasonsdream.com/p.php?as7btmz8q

Related articles: http://www.otticacaldiroli.it/p.asp?sh26ibrr http://metalartsnc.com/p.asp?shfexdlh http://financialintranet.imperial.co.za/p.asp?shta6272 http://www.imperialdirect.co.za/p.asp?sh6lpk4h http://limauk.org.uk/p.asp?sh018pmh http://w

http://goldenestchina.com/p.php?aspooydhac

Related articles: http://www.electroforeza.ro/p.asp?shrzfrbev0 http://www.tarsuskentkonseyi.org/p.asp?shynzrms http://goldcoastresort.com.my/p.asp?she27hiydl http://dragonvilleinteriors.co.uk/p.asp?shtvwkof http://www.macresa.es/p.asp?sh4cjm3a htt

longchamp online shop

An fascinating discussion is worth comment. I think that you need to write more on this topic, it might not be a taboo topic but typically individuals are not enough to speak on such topics. To the next. Cheers
adidas stan smith [url=http://www.adidasstansmith.uk]adidas stan smith[/url

yeezy

I simply wished to thank you so much again. I do not know what I might have implemented in the absence of the type of smart ideas discussed by you directly on such a area of interest. This has been the frustrating situation for me, however , noticing this

lebron shoes

An attention-grabbing discussion is price comment. I think that you should write more on this topic, it won't be a taboo subject but usually individuals are not enough to talk on such topics. To the next. Cheers michael jordan shoes [url=http://www.michaeljordanshoes.us.com]michael jordan shoes[/url]

Kanye West shoes

I definitely wanted to develop a brief note in order to say thanks to you for some of the remarkable tactics you are placing at this website. My particularly long internet lookup has now been paid with beneficial concept to write about with my best friend

kobe shoes

There are definitely numerous details like that to take into consideration. That could be a great level to carry up. I offer the ideas above as basic inspiration but clearly there are questions like the one you carry up where the most important factor mig

yeezy boost 350 v2

I intended to post you this bit of observation so as to give many thanks once again considering the amazing concepts you have contributed on this website. It is really incredibly generous with people like you in giving easily what exactly most of us could

longchamp bags

WONDERFUL Post.thanks for share..more wait .. ? longchamp bags

Adidas NMD XR1 Zebra Crossing Black Red

I wish to convey my affection for your generosity giving support to men and women that actually need assistance with in this subject. Your personal dedication to getting the message throughout became surprisingly insightful and has consistently permitted

adidas nmd

A lot of thanks for your entire labor on this web site. My mum takes pleasure in going through investigations and it is obvious why. A lot of people notice all concerning the lively form you provide priceless thoughts by means of this web blog and as well

cheap jordans

I found your blog web site on google and check a couple of of your early posts. Continue to maintain up the superb operate. I just additional up your RSS feed to my MSN News Reader. Looking for forward to reading more from you in a while!? led shoes

retro jordans

WONDERFUL Post.thanks for share..extra wait .. ? retro jordans

yeezy boost 350

I actually wanted to write down a simple message to express gratitude to you for some of the fabulous information you are placing here. My particularly long internet research has at the end of the day been compensated with brilliant facts and strategies t

jordan shoes

Your place is valueble for me. Thanks!? jordan shoes

nmd uk

I precisely had to thank you very much once again. I am not sure what I might have made to happen in the absence of the creative concepts shown by you concerning this situation. It was actually a very distressing matter in my circumstances, nevertheless d

air max 2018

You must participate in a contest for among the finest blogs on the web. I will suggest this web site! air max 2018

yeezy boost 350

I want to express my thanks to this writer just for rescuing me from this particular dilemma. Just after browsing through the internet and getting techniques that were not beneficial, I assumed my life was gone. Existing minus the answers to the issues yo

michael kors outlet

Oh my goodness! an amazing article dude. Thank you However I'm experiencing problem with ur rss . Dont know why Unable to subscribe to it. Is there anybody getting an identical rss problem? Anybody who is aware of kindly respond. Thnkx

yeezy boost 350 v2

I needed to post you that little bit of note just to say thanks once again considering the unique suggestions you've provided in this article. This is quite generous with you to deliver without restraint all that a lot of people could have offered as an

Write something about this article:



Money Blitz Word of the Day

Acquisition- This is the corporate tactic whereby a large enterprise acquires or obtains control of another company. This term is often used synonymously with the word takeover since a larger corporation takes control by purchasing all of the shares or assets of the smaller company. Takeovers can be either friendly or hostile, depending upon the corporate negotiations. An example of an acquisition occurred in 1989 when Exxon acquired Mobil for $81 billion and formed ExxonMobil.

Money Blitz Quote of the Day

"Life is short. Be swift to love! Make haste to be kind!" - Henri Amiel

WatchList Quote

Major Index WatchList

EUR & USD Interactive Chart