Monday 2 February 2015

The Right Time to Ask For Angel Funding

As someone who owns a startup or is dreaming of expansion plans for his company, it is quite obvious that you would be in need of some extra cash. But, would it not be just icing on the cake, if along with finances you could also get guidance from industry experts and seasoned entrepreneurs, who understand the ups and downs of business world?

A startup could not ask for more! That is when angel investors come in. Angels are seasoned and skilled entrepreneurs who may now be retired. They also happen to be high net worth individuals, who want to find out companies that are likely to score high in the coming years.

Their expertise lie in identifying the hidden potential among newly launched businesses that is yet to flourish. However, these investors are extremely vigilant about their selection procedure.

Therefore, if you want to approach one such investor like Singapore Innovation League, you need to wait until a time when you are confident enough to demonstrate how your company is likely to progress at an accelerated pace in the coming time.

Wait until you have had earned some customer base who are willingly interested in buying your products and services.



Launched on Fourth of July 2014, by Niraj Goel in Singapore, this league is going to distribute billions of dollars among 500 tech startups.



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