The top networks capitalise on momentum and can quickly syndicate investments thanks to strong relationships and a shared sense of ownership. They are effective in providing capital alongside strategic guidance and hands-on support for startups, which helps create positive word-of-mouth among founders. Additionally, their investor base is diverse, ensuring that startups from different sectors can always benefit.

Effective network leadership plays a key role in creating a collaborative environment where members feel included and actively contribute to core activities like deal sourcing and event management. Another essential aspect is the active engagement of angels in portfolio support. Business Angel Investors stay connected when their skills and experience directly benefit portfolio companies. Running an angel network requires significant effort, so finding efficiencies and synergies is crucial to prevent leadership burnout and maintain momentum

By fostering collaborative investment opportunities, providing mentorship to startups, and leveraging partnerships with local accelerators and universities, Angel Networks can enhance their reputation as leading capital deployers in their regions. Implementing structured due diligence processes, offering educational programs for members, and utilizing technology for efficient operations will further strengthen their impact.

Angel investing can be very risky individually, yet easier to win collectively. As a diaspora based business angel, I have found the African Business Angel Network (ABAN) incredibly helpful with everything from deal sourcing to due diligence and have been fortunate to have co-invested with other network members in deals across 3 different countries.