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How Many Angels is the Right Amount for a Startup to Have?

Both Sides of the Table

I actually think a strong lead with some well-placed and experienced angels is the right mix. All of my partners at Upfront do. The right ones are invaluable additions. By March, a month after Mr. Information Leaks are a Real Problem. Having too many investors can lead to information leaks.

Cap Table 150
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Shorter Flights at Lower Heights: The Right Way To Angel Invest

onstartups.com

And now that I've gotten to know the Angel community, it turns out I wasn't alone. The major investors no longer provide early investors with Information Rights (the right to receive financial or strategic facts about the company). The result: an Angel is left diluted to a meaningless percentage. Keep In-The-Know.