former business owner that gives starting money for new ventures. They also advise and provide contacts. They act alone and work indirectly with the operations. AKA business angel.
frequently, an old entrepreneur or expert who provides starting or growth money in promising endeavors, and helps additionally with advice and connections. Unlike endeavor capitalists, angel people often operate alone (or in tiny groups) and play just an indirect role as advisors in the businesses of this investee firm. These are typically considered become 'angels' in comparison with grasping investors who will be called 'vulture capitalists.' Also called company angel.