An angel uprising puts pressure on VCs. Investors with personal cash are raising their profile

Every time you hear a bell ring, an angel gets its venture-capital wings.

Or so it seems. The line between venture capitalists and angel investors — the wealthy individuals that use personal cash to get startups off the ground — is blurring like never before. Their intense involvement, once frowned upon by VCs who often called them "dumb money" during the tech boom, may have powerful ramifications for the industry over the next few years.

By Scott Austin

Full Story: http://www.marketwatch.com/news/story/story.aspx?guid=%7B75B6FD45%2DDDA4%2D4557%2D87A4%2D1A5197632A1E%7D&siteid=rss

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These Angels Like to Work as a Team. NY Times Article Featuring Bill Payne of Montana’s Frontier Angel Fund http://matr.net/article-26550.html