Business
angels are private investors also called informal investors
who invest in unquoted young entrepreneurial companies.
These
wealthy individuals are usually former entrepreneurs or
executives. They provide not only finance but experience
and business skills all needed for a successful business
operation..
Business
angels are active, in one way or another, in every country
worldwide. This type of investor is called a business angel
because many perceive that they save struggling firms with
both finance and know-how when no one else will. Though
angel investing has both its advantages and disadvantages,
it is widely agreed that the advantages of business angels
generally outweigh their disadvantages, making an active
informal venture capital market a prerequisite for a vigorous
enterprise economy.