When Entrepreneurs Turn Investors: The Pros and Cons (IamWire)

Everybody, at some point in life, needs a guardian angel to lend a helping hand and steer them through the pitfalls. Startups also need a guardian angel, especially in their early stages, to get off the ground.

For young entrepreneurs who are still too small to be noticed by VCs and have run through most of their own money trying to take off, having an angel investor betting on their idea is a blessing. Although India is the third most prolific startup ecosystem in the world, barely 1% of the startups that set up shop here get any kind of funding in the early stages, apart from their own sources or family and friends.

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