Angel investors are rapidly becoming an important source of capital for growing companies around the world, and angels’ influence on firm outcomes may be more powerful than many people believe. Angel participation in businesses improves start-ups’ performance, longevity and growth, according to this scholarly paper from experts Josh Lerner, Antoinette Schoar, Stanislav Sokolinski and Karen Wilson. getAbstract recommends their illuminating work to investors and entrepreneurs interested in global angel investing.
About the Authors
Josh Lerner is a professor at Harvard Business School, where Stanislav Sokolinski is a PhD candidate. Antoinette Schoar is a professor at MIT. Karen Wilson is a senior fellow at Bruegel, a European think tank.