Potential entrepreneurs come up with various innovative ideas in a sincere hope of transforming things the way it works. For the startup, the road to success gets blocked either because of lack of finance or competition from bigger market players. These are the time startups typically need backing and more often than not it comes in the form of Angel Investors.
Angel investors a.k.a. Informal investors play a substantial role in the growth of startups. With an adequate amount of money in hand and a choice, to finance others, these Angels literally guide the startups in their initial journey and aid them to establish a base.