An angel investor or angel (known as a business angel in Europe), is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors are organizing themselves into angel networks or angel groups to share research and pool their investment capital.
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wealthy individuals who provides startup capital to very young companies to help them grow, taking a large risk in exchange for a potentially large return on investment (will often asset strip) (see venture capitalist).