An angel investor is a person who provides financial support to entrepreneurs or small initiatives to start a business from scratch. The angel investor helps the entrepreneur who needs financial and idea support. The reason why the investor is called an "angel" is that he/she acts like an angel and provides support to the venture or entrepreneur in need of support. An angel investor is usually a family member or friend who is in the close circle of the entrepreneur. 

The biggest difference between angel investors and venture capital is that they help the entrepreneur by providing idea support. By providing business advice against the risks that may occur in the future, the angel founder not only reduces the amount of risk but also finds the opportunity to make a profit that he cannot make in the financial market. 

There are many angel investor companies in Turkey such as Aslanoba Capital, Esas Holding, Bic Angel Investment. Initiatives such as Modanisa, Webrazzi, Erasmusinn, Pegasus Airlines and in global such as Tech Coast Angels, Golden Seeds, Robin Hood Ventures, VentureSouth are examples of the initiatives supported by these companies.

What Is the Relationship Between the Cryptocurrency and Angel Investors?

In the cryptocurrency world, angel investors participate in non-public private sales called ICO events. When a cryptocurrency project is prepared, a whitepaper is created with details such as the subject of the project, the amount of money needed for the project to reach its goal, and the amount of virtual tokens that the project founders will hold.

During ICO events, project supporters buy some of the project's tokens. If the financial requirements are met in the foreseen and expected process, the project can reach its goal. However, if the amount collected from the backers in the process does not meet the amount of money needed by the project, the ICO is considered unsuccessful and the money is returned to the backers.   

Who Can Become an Angel Investor?

An angel investor is an investor who is willing to provide funding to an entrepreneur or who can provide the money needed for the realization and functioning of an initiative. To find an angel investor, you can contact chambers of commerce, submit your venture project to angel investment networks or contact an angel investor you have found. After contacting an angel investor, you need to convince the investor to get support for your venture.