As startup investors flee deals, this venture capital hotshot is launching a new angel network to fund early-stage companies during the downturn
thanks to coronavirus uncertainty, but one European investing hotshot is running towards the fire.
"Access to capital is going to be one of the biggest prohibitors of people starting a business," Brown, formerly of Index Ventures and LocalGlobe, told Business Insider in an interview. The program will initially focus on startup founders who have previously worked at successful unicorns, according to Brown. Founders can apply via an online form or an introduction from one of the angels. Investors who have already joined the program include founders and early employees of successful European unicorns such as Des Traynor , Guillaume Pousaz , Nilan Peiris , and Shakil Khan . , highly likely to collapse during a prolonged downturn.
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