angel
An angel is a supernatural being in various religious traditions, often portrayed as a benevolent messenger of God with wings, symbolizing protection and divine intervention. In modern usage, the term has evolved to describe an individual investor who provides early-stage funding to startups, blending ancient spiritual connotations with contemporary business dynamics. This dual meaning highlights how words can transcend their origins to adapt to cultural shifts.
Did you know?
In 1978, the term 'angel investor' was coined by William Wetzel, a professor at the University of New Hampshire, to describe high-net-worth individuals funding startups, and it's estimated that these angels invest over $25 billion annually in the U.S. alone, potentially turning everyday people into modern-day saviors of innovation.
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