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An [individual] who invests in a company during its start-up phase; a financial supporter [in the early] stages of a corporation's existence. An 'angel' is a winged creature from heaven who is [supposed to] help you when you are in danger. An 'angel investor' is someone who provides money for young businesses that really need it. The phrase was first used to describe wealthy patrons who kept Broadway plays on stage despite a lack of profits.
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