angel investing
Alright, imagine you have a lemonade stand. You want to make it super cool with colorful cups and maybe even a little sign, but you don't have enough money for all that fun stuff. Now, pretend there's a kind and magical friend called an "angel." This angel really likes your lemonade idea and decides to give you some money to help you buy those colorful cups and a nice sign.
In the grown-up world, an "angel investor" is like that magical friend. They give money to help people start new businesses, hoping the businesses will grow big and strong, just like your lemonade stand could with their help!
This explanation is AI-generated and may contain mistakes or biases. Please use your own judgment when sharing it with children.