Raise Millions by Hustle Fund VC Page 17 So who should you raise from? Any business that expects to exit and aims to provide its investors with a meaningful return on investment (ROI) should consider raising from angels… even if they also plan to raise from VCs. Here’s why. Angel investors are more accessible, will give you money faster, and often roll up their sleeves to help your startup. They can make intros to other investors (which builds momentum during fundraising) and they’re likely not running a fund. While any VC-backable business should strongly consider angel investors, several business models are not VC-backable. And those businesses might be great for angels. For example: ● Media companies ● E-commerce businesses ● Food and beverage businesses ● Hardware businesses/wearables ● Brick and mortar businesses These are business models that VCs don't typically invest in because the overhead is too high to have a meaningful exit. Those types of businesses are more likely to see a 2-10x exit than a 100x exit. VCs are looking for that one big winner like the next Uber or Instagram. If you’re aiming to be a billion-dollar company one day, hustlefund.vc / @hustlefundvc