There has been considerable ‘industry rumblings’ recently about how this new genre of investors, known as Super Angels, have the opportunity to effectively own the seed-stage business, and they are the ones who may be best positioned to be the driving force in this class of investments; this is because:
-They have been entrepreneurs themselves
-They have been buyers of the types of companies that they are currently funding
-They may lack burdensome LPs and as such don’t have to “nit-pick” on deal terms
-They have the skills and contacts to make success a self-fulfilling prophecy by getting involved
-They have the network to get the right VCs involved in the right ventures at the right time
-And finally, because most entrepreneurs would much rather deal with a SuperAngel than a VC
Credits: Kim Rachmeler