An Angel investing significant sums of their money in a business would want to retain as much control as possible, but spare a thought for the entrepreneur who founded the business and now being asked to give up a majority stake in the business.
Angel backed businesses are typically structured so that there is a combination of minority shareholding (i.e. representing those who hold less than 50% of the shares) and a majority shareholding (i.e. more than 50% of the shares). There may also be those holding shares equally (e.g. two minority shareholders holding 25% shares each). Read more >