BUSINESS ANGELS AND LOVE MONEY INVESTORS: CHARACTERISTICS, AIMS AND MOTIVATION
BUSINESS ANGELS AND LOVE MONEY INVESTORS: CHARACTERISTICS, AIMS AND MOTIVATION
Author(s): Márta Horváth
Subject(s): Business Economy / Management, Evaluation research
Published by: Masarykova univerzita nakladatelství
Keywords: informal venture capital; business angels; love money; small and medium sized enterprises;
Summary/Abstract: In new venture development the largest single source of private equity capital is informal venture capital – i.e. angel investing. Empirical studies report that returns on informal investments made by friends or family members – i.e. love money investors of business founders may be higher than it was thought. Researchers focused on angel investors who mainly assumed male, middle-aged, high net-worth individuals with prior entrepreneurial experience investing in high-tech companies with which they have no family connections.
Book: New Economic Challenges: 2nd International PhD Students Conference. 20. 1. – 21. 1. 2010
- Page Range: 147-152
- Page Count: 6
- Publication Year: 2010
- Language: English
- Content File-PDF