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Current State of Angels and Boards of Directors

Angel Capital Association

Angels often make their first real impact post-investment by helping a portfolio company develop a “real” Board, by insisting on documented processes, key metrics and measures and a more rigorous approach to corporate oversight and accountability.

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Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy

TechCrunch

The company is mostly bootstrapped, having raised about $2 million from family offices, angels, Capital Factory and its own management team. “We The deal falling through — albeit as part of a “mutual agreement,” according to the two companies — came as a surprise to many and raised a number of questions. I left out a company!

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