Post-Investment Contributions of Business Angels from the Investee Perspective in Turkey

Abstract

Business angels are one of the crucial financing opportunities for the companies in early phases of development. This study examines the contributions of the business angels to the investees in the areas of management, marketing and financing and accounting during the post-investment process by interviewing with the entrepreneurs who took financial support from the business angels in establishment phases of their companies by using in-depth face-to-face interviews and telephone interviews from the perspectives of the investee companies. We found that the business angels made significant contributions especially in the fields of human resources management, networking, marketing and financing during post investment period.