Devil in the detail for angel investors

Devil in the detail for angel investors
Angel investing has a high failure rate. Pic: iStock

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

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.

The angel 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 first funding...

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