Monday July 15, 2019

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Super Angels Alight on NY Tech Scene

Image representing David Tisch as depicted in ...

Image via CrunchBase

Super angels are a bigger presence in NY startup investments. David Tisch, former managing director of Tech Stars NYC, Brian Cohen, chairman of New York Angels and investor David Rose are a new breed of angels with large portfolios. They invest actively, and move in and out of opportunities quickly.

Super angel investors don’t sit on companies’ boards. Instead they offer advice and mentoring. Unlike venture capitalists, super angels tend to encourage startups to sell to larger companies instead of creating their own business model. That typically translates into a faster exit and a smaller return on investment than a venture capital firm.