<title>Abstract</title> This study explores a model of venture investing developed from the literature on formal venture capital research in the setting of angel investing in the USA. The model explores the role of venture stage, due diligence, deal flow, co-investing and post investment participation on the...

The Angel Investor Performance Project (AIPP) collected information from 539 angel investors who were members of eighty-six angel investor groups and who had experienced 1,137 exits from their angel investments. This data set, the largest-ever set of angel investor exits, utilized angel...

Factors that result in managerial changes in new firms are discussed, and compared with what is known about large firm succession.More specifically, the effects of firm growth, strategic change, various levels of ownership, board independence, and current top management characteristics on...

Although angel investing is the single largest source private equity capital source for new ventures, virtually no studies about the outcomes of angel investors in the United States exist. Over the course of two years, a survey of 106 angel investments engaged in 917 investments and 335 exits...