Herding is critical to angel funding (Note: This was republished to highlight due to its popularity)There are four main sources of funding including: Angels like relatives, friends, colleagues, customers, partners, or vendors. Angel networks like North Bay Angels, Sand Hill Angels, Pasadena Angels, etc. The focus of this article is on angel networks. Funds like venture capital firms and pension funds. Markets like NYSE, NASDAQ, TSE, OTC, etc. Each source of funding corresponds to a stage that the company is at, the amount of funding needed, the usage of the proceeds, the ROI expected, the period, etc.  An angel network is a group of accredited investors whose primary goal is to invest in startups hoping to get a higher return on their investment compared to conventional ... [ Read more ]