Angel Investing in the Age of AI: Chapter One — Introduction

By the end of the Introduction, readers should have a clear understanding of what the book is about, why it’s important, who it’s for, and how to make the most of it. They should feel excited and ready to dive into the world of angel investing in AI.

“AI is the new electricity.” — Andrew Ng

1. Welcome to the New Age of Investing

Welcome to the exciting world of angel investing, a realm where individuals with vision, financial resources, and an appetite for risk can have a profound impact on the future of innovation and entrepreneurship.

Angel investing can be defined as the act of individuals, commonly known as angel investors, providing capital to startups or early-stage companies, usually in exchange for ownership equity or convertible debt. This investment typically comes after the initial funding by the founders or their close network (“friends and family” round) and before larger institutional funding rounds, such as those led by venture capital firms.

Angel investors are typically high-net-worth individuals who invest their own personal funds into promising startups. They can act alone or as part of an angel syndicate or network, pooling resources with other angels to invest larger sums. They often play an…