Angel investors — typically wealthy entrepreneurs who invest their own money in startups in the early stage of their development — are gaining importance at a time when the recession-hammered venture capital industry is in a painful contraction.
editor@mercurynews.com (By Scott Duke Harris, San Jose Mercury News
Tue, 08/31/2010 - 4:53am
Angel investors — typically wealthy entrepreneurs who invest their own money in startups in the early stage of their development — are gaining importance at a time when the recession-hammered venture capital industry is in a painful contraction.