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Tomasz Freier

Head of Compliance
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Tomasz Freier

Head of Compliance
Angels Den
tom@angelsden.com

Startup Culture in the Current Business Landscape

Startup Culture in the Current Business Landscape


The ongoing digital revolution has challenged organizations and individuals to foster new mindsets. This also impacted small businesses, so startup culture has been growing exponentially due to the changes we are experiencing. Today, developed countries like the United Kingdom have understood the importance of small businesses in a well-functioning economy and encourage their startup environment by offering tax relief. Let’s have a look at the culture that entrepreneurs have created and how it impacts our society.

Startups’ impact on innovation

For years, when thinking of innovation and business development, the first thing that came to people’s minds has been the impact that big corporations have through their R&D efforts. However, the last couple of years have proven us that small startups have the means to create reliable innovation too. In addition to this, startups had a great impact on the consumers by offering targeted goods and services, tailored for specific needs. As a small company, success can be achieved without corporate sales numbers. Investing time and development resources in a niche market is easier, as big players are more interested in targeting bigger markets. Therefore, a startup that offers a specific solution can become the go-to choice for customers who could not have their needs met by using mainstream products.

New opportunities for investors

The biggest problem that small entrepreneurs have encountered is finding the funding that is necessary prior to the implementation of their solutions. The startup culture has had a big impact on investors’ mindset. Big companies like Airbnb, Uber or Bird have all started as small businesses looking for someone willing to invest in their solutions. Nowadays, the average investor wants his money to secure a part of the next big thing in his sector of choice. By investing in early-stage businesses, investors now have the chance of influencing the way innovation is created. The most important thing they understood is that if you want to be in the management board of a billion-dollar company, it’s ideal to spot it when it’s still looking to get noticed.

Startup values Angels DenContributing to a free market economy

Startups are essential to a free market economy. By having small companies gaining parts of the market, monopolies are much easier to be avoided. A well-functioning economy needs to be able to offer prices and consumer goods that are dictated by the people’s need and behavior. If a market is hard to access, only large corporations are the agents who have the capital needed to control it. In this case, consumers are unsatisfied, but have no choice other than overpaying or settling with products that are not tailored to their demands. Startups, if funded properly, can help consumers avoid this scenario.

Changing the work environment’s values

Ever since small businesses started being so popular, the work environment shifted towards a different set of values. These values apply differently from company to company, but in most cases they follow the same pattern, which is to get the best out of employees for a great customer experience.

Therefore, one of the key values found in a startup work environment is teamwork. Being a small, limited-resources business may be challenging because of the amount of work divided to a reduced number of employees. However, a good entrepreneur knows how to motivate his employees in order to make them work together for an improved efficiency.

Some other values we can find in small businesses’ dynamics are the constant learning and problem-solving processes. Many startups offer innovative solutions and take a shot at tapping a new market environment. In this field of activity, not all variables are known and every day comes with a new challenge. Therefore, these two values now play a very important role in the workplace.

The business world today looks almost nothing like it looked two decades ago. Things change every day and new solutions appear in unexpected places. The startup culture represents the bridge that links consumers regardless of their needs to the innovation that is being created.

The above references an opinion and is for educational information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Investing in any business involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Please click here to read the full risk warning.