Angel investors are high-net-worth individuals that invest in the early stages of a startup company in exchange for equity. They may also be referred to as seed investors, angel funders, private investors, or business angels. Angel investors invest in ideas and entrepreneurs, with profits a more secondary concern. In addition to providing vital early capital and having an appetite for risk, many also offer their industry skills, expertise, networks, and mentorship services.
Wei Guo is a Chinese angel investor who has invested in more than 400 companies through his investment firm Wei Fund. The fund, which was established in 2004, has been associated with companies such as Scout, Chariot, Worklife, and Vitroid.
Guo subsequently launched a $50 million second fund called UpHonest Capital with an investment portfolio consisting of Instacart, Dialpad, and American satellite manufacturer Astranis, to name a few.
Daniel Curran is a Silicon Valley angel investor with an enviable track record of successful exits.
In 2019, Curran was ranked the seventh most successful angel investor based on investment volume and successful exits. Curran invested in 23 companies that made an estimated return of 600% over the previous four years.
Some of Curran’s notable exits include Dollar Shave Club, VetPronto, and Zirtual.
Fabrice Grinda is a French angel investor and entrepreneur with notable investments including Airbnb, Alibaba, Beepi, Brightroll, and Palantir.
Grinda is also the founder of the online classifieds site OLX. He prefers to invest in similar marketplaces that connect buyers and sellers but is also involved with online travel, social commerce, and location-based services.
Grinda can boast over 250 exits from 700 angel investments.
Mark Cuban is a billionaire entrepreneur and the owner of the Dallas Mavericks NBA team, among other pursuits. Cuban is one of the most successful angel investors on the planet and is reported to receive over 1,000 pitches per day.
According to his AngelList profile, Cuban invests in “companies that I think are compelling, differentiated and run by motivated entrepreneurs.”
Matt Mullenweg is a jazz saxophonist and is also the founder of WordPress.
Mullenweg is an angel investor that tends to invest in startups at the seed stage with some customer traction. Owing to his WordPress roots, he favors companies that are developing open source products.
Mullenweg also provides advice and mentorship at Techstars, an American seed accelerator that has funded companies such as Bench, Digital Ocean, Plated, and Simple Energy.
Saad Alsogair is a University of Jordan graduate who resides in Saudi Arabia.
Alsogair is a practicing dermatologist and has made more than 400 investments in startups such as Buffer, Notion, Ripple, and Unsplash. In 2021, he authored a book called Your Idea, Their Money to help entrepreneurs secure their first round of investment funding.
- Angel investors are high net-worth individuals that invest in the early stages of a startup company in exchange for equity.
- Angel investors include Chinese businessman Wei Guo, who manages two investment funds, and Daniel Curran, who has a proven track record of exits.
- WordPress founder Matt Mullenweg is also an angel investor, preferring to invest in open source companies. French entrepreneur and OLX founder Fabrice Grinda, on the other hand, tends to invest in marketplaces that connect buyers and sellers.
Read Next: Angel Investing, Venture Capital, Angel Investors vs. Venture Capitalists.
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