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Angel investing is different from other types of investing. Like venture capitalists, angels typically invest in companies they hope will grow rapidly and eventually reach a liquidity event. But as the earliest outside investors who do not invest through institutions like VC firms (though individuals may invest as part of an angel group), angels take on more risk. Their investments are also typically smaller than those that VCs make; while VCs can invest tens of millions of dollars (or a lot more), angel investments are typically $25Kβ$50K and top out at $100K, though they can go higher. To make an investment, an angel must be deemed an accredited investor (which weβll discuss in detail), meeting income and asset thresholds set by the Securities and Exchange Commission.