Devil in the detail for angel investors

The scene is booming but, in most cases, angel investing is very high-risk and has a high failure rate, writes Leanna Byrne

Angel investing has a high failure rate. Pic: iStock

Yesterday, Halo Business Angel Network (HBAN) announced plans to sign up a record 35 new business angel investors at its national conference.

If they meet this target, it should bring an extra €7 million in new business angel funds for Irish start-ups. Ambitious? Perhaps. But it is definitely achievable.

Theangel investor scene in Ireland is booming, as syndicates or angels going it alone are regularly listed to me as benefactors to a start-up’s ...