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Texas angel investors to form alliance

Angel investor groups across Texas are forming an alliance to attract more investors, make larger joint investments in young companies and simplify the process for entrepreneurs.

"Our goal is to make it easier for entrepreneurs to get their deal in front of multiple angel networks," said Jamie Rhodes, chairman of the Central Texas Angel Network in Austin who is leading efforts to launch the alliance. "This is incredibly important, since angel investing is such a major part of the economy, which is in the doldrums. Start-ups create the vast majority of jobs in the nation."

By SHERYL JEAN / The Dallas Morning News

Full Story: http://www.dallasnews.com/sharedcontent/dws/bus/smallbiz/stories/DN-angelalliance_04bus.ART0.State.Edition1.248c77d.html

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