How do business angels' human- and financial capital contribute to the start-up early-stage development?
This thesis explores how business angels’ (BA’s) human- and financial capital contribute to the early-stage development of start-ups. While previous literature has extensively discussed BAs' financial roles, the combined effect of both capital types, particularly in relation to relational trust, remains underexplored. Addressing this gap, the study applies a qualitative approach, interviewing