2nd October 2017
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Startup founders should be prepared to put their money where their mouths are if they want to secure investment from business angels, according to research from University of Edinburgh Business School and the University of Glasgow’s Adam Smith Business School. In a study of more than 100 UK established investors – often known as business angels – 87% said they would find it too risky to back an entrepreneur who had not made a significant financial investment in their own venture.
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