Guides to angel investing.

An angel investor is a person who invests their own money in an early-stage company. What angels do, what it takes to start, and the risks to understand first.

A practical checklist for early-stage investors: the team, the market, the product, the numbers and the deal terms, and the questions worth asking in every pitch.

A plain guide for first-time early-stage investors: how much to invest, why to spread across companies, how long money stays locked in, and common first-timer mistakes.

From a few friends writing cheques to a proper vehicle: the choices to make on structure, policy, co-investors and governance, and when to bring in legal and tax advisers.