ANGEL INVESTORS SPREAD THEIR WINGS ONCE INFORMAL GROUPS EVOLVE, DRIVE NEW GROWTH

From: The Boston Globe | Date: November 25, 2002| Author: BETH HEALY | Copyright information

Angel groups used to be informal clubs, secret societies of elite techies with time and money on their hands. But the clubs are changing. They're opening offices, putting up Web sites, running small venture funds and, amazingly enough, holding national meetings to compare notes and set standards for what's become a booming little industry.

Angel investing can come in many forms, like an uncle writing a $500 check to help with a business venture. But it's most commonly thought of today ...

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