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What are angel investors looking for in pitches for up funding?

Zachary Spurway

Angel investors are people who want to invest their money in new businesses that they think have a lot of potential. When entrepreneurs pitch their business ideas to angel investors, they need to make sure they have certain things in place to catch the investor's interest.

First of all, angel investors want to see that the entrepreneur has a clear and solid business plan. This means explaining what the business is all about, what problem it solves, who the customers are, how it will make money, and how the entrepreneur plans to grow the business. The entrepreneur needs to be able to explain all of this in a clear and concise way so that the investor can understand it.

Secondly, angel investors want to see that the entrepreneur has a strong team behind them. This means having people with the right skills and experience to help run the business. For example, if the business is about creating a new video game, the team should have people who know how to design and program games. Angel investors also want to see that the entrepreneur is passionate and dedicated to the business, and that they are willing to work hard to make it succeed.

Thirdly, angel investors want to see that the business has a unique and innovative idea. This means that there should be something different or special about the business that sets it apart from competitors. For example, if the entrepreneur is creating a new app for ordering food, there should be something unique about the app that makes it better than other food ordering apps.

Lastly, angel investors want to see that the business has the potential to make a lot of money. This means that the entrepreneur should have a realistic plan for how they will make money and how much money they can make. The entrepreneur should also be able to show how they will use the money invested by the angel investors to grow the business and make it even more profitable.

Overall, angel investors are looking for entrepreneurs who have a strong business plan, a solid team, a unique and innovative idea, and the potential for a lot of profit. If entrepreneurs can show these things in their pitch to angel investors, they have a much better chance of getting the investment they need to make their business a success.