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"Angel investing" refers to very early stage venture capital. It is called so not because of any implied generosity - they fully expect to get paid - but because very early startups have no tangible assets to serve as collateral for the "angel investor."

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Mar 13th, 2012 at 10:19:25 AM EST
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