'Super Angels' Add Skills and Money To Riskier Startups

RedTracker| Today’s WSJ shares a story ‘Super Angels’ Alight focused on ‘super angels’ as a rapidly growing segment competing with established venture capitalists.

Rich entrepreneurs like former Google executive Aydin Senkut and former PayPal Inc. executive Dave McClure are launching funds in the $20 million to $50 million size, allowing them to move aggressively into riskier startups, where they’re talents as well as skills are of value.

Rarely able to provide an entire package of financing, the ‘super angels’ help a business in its infancy, populating the board of directors with their networks and capital-locating skills. Read on at WSJ.