Isn't that no-strings angel funding predicated on the idea that there's going to be either a round of financing or an exit? Really depends on the investor. Som

Isn't that no-strings angel funding predicated on the idea that there's going to be either a round of financing or an exit? Really depends on the investor. Some angels explicitly want you to go Series A -> Series B -> $100M -> IPO. Others explicitly want to help founders start cool companies. Some are basically mini-VCs, and others are really founder-friendly. So it's just important for a startup to have the right angels, whichever direction you go.