How much do entrepreneurs usually seek from angels?
Anywhere from $150,000 to $3 million, which is all they need when they start up. If an entrepreneur seeks early stage venture capital, he or she is going to raise more money than needed and will give up a bigger stake at a lower valuation. That’s the attraction of dealing with angels: An entrepreneur raises less money but keeps more equity. A lot of entrepreneurs do not like to raise money. They like to write software code or work on a product but view raising money, selling themselves, as an undesirable activity. But the most significant difference between a successful start-up and a failure is that the successful company learned how to raise money.
