© Lightyear

Start-ups face challenges on many different levels and it’s the ultimate balancing game. You need to have a team in order to deliver your proposal. And in order to get a team, you need funding, and in order to get funding you need … well a team that is able to deliver your proof of concept. So it’s a vicious circle that’s got to give somewhere. In the early phases of a start-up, this cycle is often cut short by individuals that take a personal risk to make it work: angel investors. They believe in the team and the idea and are willing to make real commitments instead of merely offering support or mentorship.

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