
What does it take to become a angel investor?
I am wondering if you should get a degree in Economics or something. Also how much money do I need to start off? Do angel investors get a salary? Please answer. The best answer will get 10 points and 5 stars
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Answer by Your Secret
yeah
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Several million dollars will get you started.
Angel investors typically don’t draw a salary. As the name indicates, it’s a gift from on high. Specifically, an angel will pony up a one-time payment in a business venture, and take a cut of the proceeds when the venture comes to fruition. So, all you need to be an angel investor is a lot of money that you don’t know what to do with.