B. What is a Lead Angel Investor?
A lead angel (investor) is a member of a group of angel investors who is preferably holding the largest stake and/or has significant knowledge of the sector, and in charge of arranging and negotiating the investment round from the angel perspective. They are usually the most actively involved in the overall investment project before and after the deal conclusion.
For this activity they might be awarded compensation, like a carried interest arrangement or an option, for which some networks can provide standard arrangements.