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Startups seek help of angels

Nearly 150 entrepreneurs, venture capitalists and service providers came together in Stamford on Thursday at a session to educate wealthy individuals about becoming early investors in a fledgling business — so-called "angel" investors.

Angel investors, who typically invest $500,000 to $1 million into a new business, have a role, because venture capital groups prefer to invest larger amounts into young companies with a more established record of success, said Michael Roer, executive director of the Connecticut Venture Group in Fairfield.

Full Story: http://www.tmcnet.com/usubmit/2006/09/23/1924057.htm

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