Angel investors prefer science and technology startups

It's easy to assume that investors are only interested in making money and adopt a follow-the-leader approach to getting the best returns. However, a new report from online startup investment platform Propel(x) shows that the top reasons for investing are: the management team, cited by 75 percent, ability to understand the technology (52 percent), and the potential return on investment (42 percent). "The results of our survey dispel a common misconception that angel investors are driven by a follow-the-leader mentality," says Swati Chaturvedi, CEO and co-founder of Propel(x). "Our data shows that access to both management and independent industry experts is… [Continue Reading]