Image via WikipediaTaking a short break from work to write about this thought.
Just skimmed through my Google Reader posts and read a post on What is The Definition of an Angel Investor? I am pondering the same thing after I read the author's opinion on what he thinks it is.
PeerFX is in the midst of positioning ourselves for expansion capital right now and I thought we were looking for angels to invest. After reading the post and seeing the quantitative definition of an angel being an investor that invests $25,000 as seed capital into at least one company each year, I wasn't sure our investment round is in the angel realm anymore.
We are definitely looking for something in the 6 figure category, and if $25,000 is considered a regular-sized investment, and $50,000 is already considered a super angel, then I think I need to jump out of the angel investment category. So, what's the next step up?