SEBI (India) Says Angel Funds Must Not Invest in Cos Older than 3 Years(nextbigwhat.com)

1 pointsby mayanksinghal13 lat temu1 comments

SEBI (India) Says Angel Funds Must Not Invest in Cos Older than 3 Years

http://www.nextbigwhat.com/sebi-angel-funds-297/

1 comments

Makes sense. If they invest in companies older than 3 years, that would not amount to an early stage investment, what the Angel Funds are meant to be.

The fact that there are Angel Funds willing to invest in companies beyond 3 years in existence doesn't speak much for either the company or the fund itself!