Spent a few days last week at the Australian Angel’s annual conference In Newcastle City Hall, NSW Australia.
It was inspiring to be among some many people that really care about early stage companies requiring funding.
Also they are networked worldwide and share deals, contacts and expertise. It showed that no matter what country attendees were from similar problems and opportunities exist worldwide.
One powerful role “Angels” provide is that of mentorship. They are often actively involved in the growth phases of the business.
If a business doesnt have strong mentors then it may not have the capabilities to succeed.
I’ve written a blog post about this over at Capital Underdogs.