Amidst the current recession and looming uncertainty, VCs seem to be pulling out of the market, which means that startups need to turn to alternative sources of funding — like angel investors and funds. Speaking at TNW Conference 2022, Tim Mills, Managing Partner at the ACF Investors Angel CoFund, explained: The big advantage of angel investments is that financing is much less risky than debt financing. Unlike a loan, invested capital does’t have to be paid back in the event of business failure. And most angel investors understand business, and therefore take a long-term view. Co-panelist Tessa Wanders, investor at VNV global, elaborated: This doesn’t mean, however, that founders should welcome every and any angel investor. Wanders, a founder herself in the beginning of her career, noted: Mills offered the same advice:
