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There are two types of Angel Investors. First type of Angel Investors are those investors who follow "Spray and Pray Approach". They Invest in tons of startups and pray that atleast one of them succeed so that they can generate the returns. For exa

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Anonymous

Anonymous 4

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Personally, if I was fundraising, I'd likely try to get the best of both worlds - take money from some spray and pray investors for their capital, while also bringing on at least one strategic angel who has been through the types of challenges my specific startup will face and can roll up their sleeves to help.

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