# Multimedia 

Multimedia 

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- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

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Apple Podcasts 

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Spotify 

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Cato Weekly Podcast • December 29, 2021 

# Defending Startups and Their Angel Investors 

Startups need capital to compete with bigger companies, and taxes on capital gains can stem the flow of angel investment. Chris Edwards makes his case for angel investors.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Chris Edwards](/sites/cato.org/files/styles/author_picture/public/2021-01/Chris%20Edwards.jpg?itok=549WLrcG)](/people/chris-edwards) 

##### [Chris Edwards](/people/chris-edwards)

Kilts Family Chair in Fiscal Studies, Cato Institute and Editor, Down​siz​ing​Gov​ern​ment​.org

[ 

](https://x.com/CatoEdwards) [ 

](mailto:cedwards@cato.org) 

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute