4 ms·
Really? Is there anything similar in the UK? I don't believe there is - but I generally tend to believe there is less red tape around entrepreneurial activities
by will_critchlow 15y ago
Really? Is there anything similar in the UK? I don't believe there is - but I generally tend to believe there is less red tape around entrepreneurial activities in the US than the UK (we run businesses in both places).
- adamt 15y agoIn the uk angel investment is only typically allowed by high net worth or sophisticates investors (definitions below). High Net Worth Investors have an income in excess of GBP 100,000 per annum and/or have net assets (excluding primary residence) in excess of GBP 250,000 Sophisticated Investors have made at least 2 investments in an unlisted company in the last 2 years have worked in the private equity sector or in the provision of finance for SMEs or have been in the last 2 years a director of a company with a turnover of at least GBP 1 million have been a member of an angel network or syndicate for the last 6 months