What Does an Angel Investor Do?

Ron Conway, Angel Investors LP
and Mike Maples Jr., Floodgate

Investors Mike Maples and Ron Conway explain their job like this: They help all lights turn green for the fast-moving car of the Internet start-up. In addition to cutting a check, these angel investors explain the panoramic view of what a good investor offers, including bringing in the right talent and business sensibilities, and building and testing product prototypes.