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Angel Investors Do Make Money, Data Shows 2.5x Returns Overall

techcrunch.com

He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender). It is not highly concentrated geographically, or in the bubble of 1998-2000, or in any industry. The distribution of returns from the different U.S.