Who are the "business angels"?

In the West the term is extended a long time. In the Russian community to only beginning to get used to and at a convenient to use. Bank.ru site will tell you that this concept means and how it is important for economic development. Business angels - private investors are willing to support a commercial project at the initial stage. They can be called friends of entrepreneurs, because they help the newcomers without any guarantees of repayment. To invest in the business of business angels are exclusively their own resources - and in return receive a share in the company. Who becomes an angel? In most cases, custody of incipient cause of guarantee already successful business people who have enough financial surplus. The average age of an angel is 55 years, 99% of cases - a man. Among them there are executives, lawyers, economists and policy makers. The role of total investment from just a few tens of thousands to several million rubles. These funds are risky, but potentially a business angel realizes that may lose them. Giving money, a business angel is able to influence the course of the project or, alternatively, to monitor its progress from the outside only when necessary supporting. It all depends on the agreement between business leaders and the guardian. Third parties have a single project can have several business angels. Once the project grows into a viable enterprise that support him have a real investors with large financial stocks, as well as venture capital funds. Benefit Not all ventures are successful. Business angels can invest their money in the deal only because of personal sympathy, without any calculations. It is estimated that their work has a very high risk-taking. Failure suffers 34% of business angels, small return receive 17%, and achieve financial success with the return of more than 50% per annum can be only 23%. We can give a vivid example of business angels who invested $ 91 thousand to the project previously unknown Steve Jobs, and as a result have earned more than $ 154 million at stake in the company «Apple». Russia has also developed the market of business angels, giving their money to startups restaurants, small industries, media, etc. According to experts, these people are annually invested in the beginners up to $ 1 billion