Teamvesting

5

When an investor puts money in a startup based on the team and not the idea, product, or traction.

Martha: Wow, I gotta hand it to George, his team actually raised 30k. I thought his idea was terrible.

James: Nah, don't be too impressed I heard an angel just teamvested in them because they all graduated from Stanford.

Added by covfefelord covfefelord over 6 years ago