HACKER Q&A
📣 thenameishere

Angel Investors


Greetings all.

I have previously seen some posts about different start-ups here so I thought my question could be answered here. I'm looking to start a company (Europe) with a high payback rate (charging over 300% of my base cost including taxation) and the only thing I'm missing for a full launch is funding. I don't have many other options left so I'm down to angel investors.

What are your thoughts on starting a business with angel investors? What should I know? So far I have looked into gust.com and angel.co, perhaps someone can direct me to a more responsive website. What should I look out for and how do I boost my chances? My funding goal is approximately 160'000Euro and I could break-even and return investment in approximately 2 to 6 months.


  👤 m33k44 Accepted Answer ✓
> My funding goal is approximately 160'000Euro and I could break-even and return investment in approximately 2 to 6 months.

The way you have put it, it looks like you don't require angel investors. They do not work this way. What you need is a bank loan, which will not cut into your business ownership and at the same time you will get the required funds(with your claim of returning the money back in 2-6 months!)

Have you tried business loan with your local banks?