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How and Why To Be an Angel Investor

David Teten

1994 – present. Villalobos & Payne: “Startup Pre-Money Valuation: The Keystone to Return on Investment” 117. Average Angel Returns Over Time. Time Period. Total Investments. Exited Investments. Band of Angels Website FAQ. Sohl: “The Angel Investor Market in 2011: The Recovery Continues”. approx 1999-07.