A formal or informal assemblage of active angel investors who cooperate in some part of the investment process. Key characteristics of an angel group are: control by member angels (who manage the entity or have control over the entity’s managers), and collaboration by member angels in the investment process.3
Zombie Fund | Annex Fund | Major Investor
Why VCs and Angel Groups May Torch your NDA and Your Company’s Candidacy for Startup Funding
Why Can’t I Obtain Startup Funding?