Super_angel

Super angel

Super angel (or "super-angel") was a term used in the early 2010s to describe venture capital investors who had once been angel investors and subsequently raised small venture capital funds.[1]

Super angels share some characteristics of both angel investors and venture capitalists. According to Fast Company, super angels "raise funds like venture capitalists but invest early like angels and in sums between the two, on average from $250,000 to $500,000."[2] Unlike traditional angel investors, they are typically professionals for whom investing is their primary occupation.[3]

Features

Some common features of super angels include:

  • Creating a professionally managed investment fund[1]
  • Serial investing (investing in numerous startup companies)
  • Investing at a seed round in startup companies
  • Funding rounds in the (approximate) range of $50,000 to several million dollars, larger than typical "friends and family" rounds but smaller than most venture rounds
  • Taking an active role in portfolio companies[4]
  • Raising money from general partners and other principals, without passive investors in the fund
  • Fund principals who are experienced entrepreneurs
  • Avoid joining boards as a long-term investor.
  • Close investments in several weeks, considerably faster than venture funds.[2]

List of investors described as super angels

More information Name of fund, Key people ...

References

  1. Saint, Nick (October 4, 2010). "Who Are The Super Angels? A Comprehensive Guide". Business Insider.
  2. Farhad Manjoo (February 2011). "How "Super Angel" Investors Are Reinventing the Startup Economy". Fast Company.
  3. Pui-Wing Tam and Spencer E. Ante (August 16, 2010). "'Super Angels' Alight". Wall Street Journal.
  4. Ingram, Mathew (October 7, 2010). "Fred Wilson on AngelGate and Where the Web Is Going". GigaOM. Archived from the original on October 11, 2010.
  5. Gage, Deborah (2015-03-02). "How a Female Partner Rose to the Top of Canvas Venture Fund". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-06-14.
  6. Saint, Nick (October 4, 2010). "Dave McClure". Business Insider.
  7. Saint, Nick (October 4, 2010). "Felicis Ventures". Business Insider.
  8. Saint, Nick (October 4, 2010). "Floodgate". Business Insider.
  9. Saint, Nick (October 4, 2010). "Founder Collective". Business Insider.
  10. Ricadela, Aaron (April 2, 2007). "VCs Aim to Out-Angel the Angels". Business Week. Archived from the original on April 6, 2007.
  11. Loizos, Connie (2018-03-27). ""Time to keep going" says Harrison Metal, closing on a new, $68 million fund". TechCrunch. Retrieved 2022-11-05.
  12. Saint, Nick (October 4, 2010). "Lerer Ventures". Business Insider.
  13. Saint, Nick (October 4, 2010). "Lowercase Capital". Business Insider.
  14. Destin, Fred (August 6, 2010). "Super Angels, Lean VCs, Proto-Incubators, Whatever". Fast Company.
  15. Tomio Geron (October 18, 2010). "Ron Conway's Big Deals: How He Found Google And Facebook". Wall Street Journal.
  16. Saint, Nick (October 4, 2010). "Thrive Capital". Business Insider.

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