Tom York on Business: 6 Finalists Named for Annual Angel Investors Seed Capital Competition
The annual San Diego Angel Conference has announced six finalists vying for $200,000 in angel seed capital.
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The annual San Diego Angel Conference has announced six finalists vying for $200,000 in angel seed capital.
Investors have pumped more than $191 million into the young companies since the start of the competition six years ago.
Though all investing comes with risk, the path of angel investors is even more fraught. Angels are private investors who focus on financing small startups in exchange for equity. The “angel” part has origins in
LIMBER Prosthetics & Orthotics, which is developing personalized prosthetics, walked away with the top cash prize of $200,000. The startup also took the conference’s People Choice Award.
Maybe some founders are under pressure to return money to investors, but what about the GPs who are sending funds back to their LPs?