Report highlights The average amount invested per business angel in 2024 was €95,525, with a median of €20,000. When excluding large annual investments (>€1M), the average drops to €45,365. On average, male investors invested more than twice as much as their female counterparts. Nearly two-thirds (65%) of surveyed business angels reported no exits in 2024,…

We are living through a period of profound disruption. From war in Ukraine and tensions in the Middle East to climate emergencies, rising authoritarianism, and the disruptive promise—and peril—of AI, today’s global challenges are not only multiplying, they are becoming more interconnected and complex. At the same time, the return of Trump-era politics and the…

Co-author: Jessenia Davila, Post-Doctoral Researcher at IESE Environmental, social and governance (ESG) criteria have become an established practice in the corporate landscape, leading more firms to tie executive compensation to ESG performance. Known as ESG pay, this approach is transforming incentive structures and redefining the meaning of success at the top. But for the leaders…

What happens when two IESE MBA classmates – one a lawyer from Madrid, the other a banker from Barcelona – decide to leave corporate careers behind and become entrepreneurs? In this interview, Javier de Ros (MBA'16) and Juan Miguel Goenechea (MBA'16) reflect on the personal and professional moments that shaped their journey, the influence of…