HBR Blog Network / The Daily Stat
by Andrew
O’Connell | 8:30 AM December 20, 2013
|
|
|
|
Cloud computing and
other tech developments have drastically cut the cost of founding a company,
says Stanford University finance professor Ilya Strebulaev. The new
technologies have reduced the expense of building high-tech start-ups by a
factor of 10, a development that has opened up the start-up world to angel
investors as never before. Angels, who tend to prefer small deals, are enjoying
a growing competitive advantage over traditional venture-capital firms and now
supply the overwhelming majority of high-growth start-ups with their first
money (after the founders have tapped family and friends), Strebulaev says.
SOURCE: Ilya Strebulaev: Are Angel Investors the New
Disruptors?
No comments:
Post a Comment