Читать книгу How To Become A Business Angel - Richard Hargreaves - Страница 33

The table shows how EIS can enhance returns by more than 80% after tax.

Nevertheless, it must be stressed that angel investment is high risk – the research results clearly show that more than 50% of all investments fail to return invested capital. This means an angel must seek a very high return on individual investments to make a satisfactory overall profit. And he must make several investments as he will not know in advance which of them will be the big winners.

This volatile performance is a fundamental characteristic of early-stage investing.