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What angel investing actually is
Angel investing means giving a very young, usually pre-profit company money to help it get off the ground, in exchange for a slice of ownership, called equity, in that company. The startup gets cash to hire, build, or grow, and the angel investor gets a stake that's worth something only if the company eventually succeeds. Mechanically, that stake gets issued as new shares under a subscription or shareholders' agreement, and in the Philippines, a company issuing shares to investors generally needs to comply with the Securities Regulation Code's rules on offering securities, either through a formal SEC registration or, far more commonly for a small angel round, an exemption for a limited private placement to a small number of investors.