The term ‘angel investor’ is thought to have originated with Broadway plays

Angels invest in a mix of startups from different industries

To diversify their portfolios and mitigate their risk, angels may invest in startups that are at earlier or later stages of development, as well as in various industries.

Platforms like AngelList help angel investors find startups to fund

Angel investors leverage their high net worths to fund seed-stage startups. While they could see high returns, investing in such an early company is a risk.

Angel investors typically fund a startup at an earlier stage than venture capitalists

Angel investors and venture capitalists both invest in startups, but they differ in a few key ways. Angel investors typically invest earlier and in a smaller amount.

Angel investors funded startups with nearly $28B in 2024

Statistics about the angel investing market show that billions are spent funding early-stage startups each year. Companies with more angel interest had higher success rates.

A successful angel investor can multiply their investment by 3 to 10 times

Angel investor Naval Ravikant explains what it takes to be successful in his field, from building an authentic brand to developing the judgment to choose which startups to back.

Nonprofit theaters are incubators for new theater

Unlike commercial Broadway theaters, ticket sales account for only a fraction of nonprofit theaters' income. This lets them take chances on new playwrights and innovative shows, including Lin Manuel Miranda's "Hamilton" and Stephen Sondheim's "Sunday in the Park with George."

7 angel investors funded Google in its early days

Entrepreneur Shaan Puri shares how seven strangers acted as Google’s earliest angel investors. The first gave Google $100K without even putting his equity agreement in writing. The investors on “Shark Tank” use their personal funds to support startups, but they’re often more predatory about terms than typical angels.

Venture capital is a form of funding provided to early-stage companies with high growth potential, typically in exchange for an equity (or ownership) stake

Cyan Banister, once homeless, was an angel investor in Uber, SpaceX, and DeepMind

Cyan Banister has invested in more than 100 companies, building a reputation in the angel-investing world for her unorthodox approach.

Broadway's songwriters began experimenting in the 1920s

Broadway’s early decades were heavily influenced by opera and vaudeville, but songwriters in the 1920s began exploring more narrative-based songwriting and psychologically complex characters. That trend would continue in the following decades, though it would evolve in even more nuanced ways.

The term 'startup' can be traced back to a 1976 Forbes article

The magazine article included what’s widely considered the first recorded use of the word “startup.” The following year, the publication Business Week went on to use the term in a piece as well.

Explore an alternative investments timeline

From what’s known as the first leveraged buyout, when JPMorgan acquired the Carnegie Steel Company, to the creation of the first-ever hedge fund, alternative investments have a long history.

It’s an investment banker’s job to raise money for the bank’s clients

Investment bankers do this in a multitude of ways, such as selling securities, or acquiring other companies.

The first cast members were relatively unknown 'enlightened amateurs'

“SNL” producers aimed to cast relative newcomers for the show’s first season, convinced that amateurs would infuse the show with the countercultural spirit Lorne Michaels envisioned.

Pop culture sometimes changes the way people invest

After the "Barbie" movie premiered, the number of investors in Barbie parent company Mattel's stock grew more than six times larger on the investment platform Public, according to the platform's recent report. Other cultural trends have affected which stocks investors choose as well.

What is Silicon Alley?

The term "Silicon Alley" refers to an area in New York City once known for its high-tech startups, especially during the dot-com boom. Silicon Alley ran from New York City's Flatiron District through Soho to the Financial District. After the dot-com bubble burst, tech companies spread out through the rest of Manhattan and Brooklyn. Learn more about the area and how it compared to Silicon Valley in this article.

Movie trailers used to air after the film, hence why they’re called ‘trailers’

These in-theatre advertisements used to “trail” the movie rather than precede it. The first movie trailer shown at the movies dates back to 1913, when marketer Nils Granlund put together rehearsal footage of an upcoming Broadway musical to drive ticket sales.

The showgirl archetype arose in 19th-century France

The word first appeared in the mid-1700s to describe women behaving in a "showy" manner, but it wasn't until the late 1800s that the current definition for a performer became standardized, thanks to Parisian variety shows that often featured the high-kicking women.

An initial public offering or 'IPO' is the process of a private company becoming public by putting shares of the company on the stock market for purchase.

‘Demo days’ are when founders at Y Combinator pitch their startup ideas

Investors sit in the audience, waiting to hear what this season’s batch of YC founders have cooked up. YC argues that going through the process of a demo day can help founders get a better understanding of their startup themselves.

Initial public offering (IPO) is the term for when a company goes public

When a company completes its IPO, it's no longer a privately owned organization. Anyone can invest in the company by buying its shares on the stock market—opening up ownership of the business to the general public.

Dickens' live readings sometimes used visual projectors that predated cinema

Dickens was interested in adapting his work in various forms. With his live readings, he sometimes used a 'magical lantern,' a popular tool that projected moving slides. In addition, some stage plays of Dickens' work that included ghost scenes used the magical lantern to cast apparitions on stage.

Theater of the Absurd brought existentialist ideas to the stage

In the 1950s, playwrights horrified by the events of World War II and inspired by existentialism’s response to it began staging plays that brought many of the philosophy's ideas to center stage. Critic Martin Esslin coined the term “Theater of the Absurd” in 1960, citing the plays of Samuel Beckett, Arthur Adamov, and Eugene Ionesco as indicative of a new theatrical style that rejected realism and standard plot.

The earliest known play performed in the US was 'The Recruiting Officer'

A London troupe performed a comedy called "The Recruiting Officer" in New York City in 1732.

Comedic roasts, an ironic inversion of toasting, took off in the 20th century

Ribbing amongst friends likely goes back to the dawn of man, but formalizing the act caught on with fundraisers held by the Friar’s Club, a New York organization for theater agents. Rather than raising their glasses to good fortune and health, comics eviscerate an “honoree”—along with everyone else on stage—though they usually conclude with an earnest toast.

The Tonys got their name from Antoinette Perry

In 1946, trailblazing director Antoinette Perry died after decades of creative success. The following year, Perry's professional partner, Brock Pemberton, founded a series of awards to honor her. While handing out an award at the first ceremony, Pemberton referred to it using Antoinette's nickname of "Tony," and the name caught on.

Former New Yorker editor Tina Brown coined the term “gig economy” in 2009

Although this article was written pre-pandemic, the workers interviewed in it still feel representative of the sector’s modern ethos. In the piece, the writer interviews a handful of gig workers about why, exactly, they’ve chosen to make a living off of Airbnbs or TaskRabbit gigs rather than doing something else.

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

Hedge funds, the private investment firms that trade a wide swath of financial assets, make money by imposing steep fees on investors and from the fund's investment performance.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

The word 'jazz' evolved from 'jasm,' 19th-century American slang for 'energy'

The name 'Silicon Valley' arose from the founding of Shockley Semiconductor Laboratory in Fairchild Semiconductor in 1956-57, founded near Stanford University in Palo Alto

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

Walt Disney's early film 'Alice's Wonderland' was a groundbreaking innovation in the silent film era

Existentialist writer Jean-Paul Sartre coined the famous phrase 'Hell is—other people' in his play 'No Exit'

The concept of phantom limbs, the perception that amputated limbs are still present, dates back to a French military surgeon in the 16th century.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

The distributor behind 'Rocky Horror' pulled the film from its scheduled national release, believing it would be a failure, though it eventually amassed a dedicated fanbase through midnight showings, a trend that continues over 50 years later.

The Brothers Grimm were lawyers before they were storytellers, and became interested in fairy tales as they began investigating how rules and customs had been passed down through cultures.

A vending machine run with Anthropic's AI went out of business after it was convinced to give away items for free and sell a video game console.

Long before Major League Baseball began allowing instant replay for balls and strikes, an umpire reluctantly used the technology to determine whether a hit was a home run, a move that inadvertently ushered in a new era for the sport.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

Planeterrellas create artificial auroras that mimic the atmospheric displays of light by setting up an electric field between two metal balls in a jar filled with a small amount of air.

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.

A researcher recently discovered an interview from 1967 between groundbreaking journalist Joan Didion and the Grateful Dead, years before the band became an institution.

In recent years a child anxiety expert has created and tested a novel phobia and anxiety treatment approach for children, focused on changing how parents respond to the fears.

For centuries, Niagara Falls has been a magnet for daredevils seeking to conquer one of nature's most powerful wonders, with its 200-foot drop and water rushing at 32 feet per second with 280 tons of force.

Fast-casual restaurant Chili's is experiencing a resurgence, with its parent company recently reporting a nearly 32% increase in sales, thanks to passionate Gen Z fans on TikTok.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

El Niño, Spanish for 'the boy,' was named after Jesus Christ because the phenomenon resembled the weather changes observed around Christmastime.