With billions of dollars of enterprise capital residing down the road on Sand Hill Highway, two Stanford professors are trying to answer a fundamental query why does it all the time take longer and cost more to build a hi-tech company than anyone ever expects? For all of the mind, experience and graduate degrees in the enterprise capital business, the unhappy truth is that eighty% of enterprise capital investments don’t pan out. Angel buyers are risk-takers. They understand the dangers concerned in venturing a startup and volunteer to take a position their cash in the progress of the startup. Furthermore, as most of them are entrepreneurs themselves so the experience they convey to the table will help your startup develop quickly. In addition to monetary backing, angel buyers also share their experience, which could be invaluable to the lengthy-time period success of your startup.
Together with Sean Parker and Shawn …