The last time I wrote this column before the holidays, I shared a few myths about angel investing — providing business capital for a startup company. Contrary to popular impressions from “Shark Tank,” angels are not rare creatures. Being an angel does not require millions of investable capital. It need not take years to build up a portfolio of investments; there are 12 live investment opportunities in VentureSouth groups today. And you don’t need to be an expert already to contribute to the group. At VentureSouth, we derive our strength from the diverse backgrounds of our members and run frequent educational events to make sure everyone can be an expert.
With this column, I’d like to address four other misconceptions we often hear when discussing angel investing with new audiences.
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