A new option if you want to invest in startups

Just a decade ago, if you wanted to invest in a startup you had to know someone. A lawyer, an accountant, a friend of friend would give you a referral to a company looking to raise money, or they’d invite you to invest with them. That’s how you got in the door.

You had to have a lot of money to play – often $50,000 or more. And the startups you’d see were from your geographical region. That traditional scenario left a lot of interested angel investors sitting on the sidelines.

Today, it’s a lot easier to become an angel investor, due to crowd funding, micro lending and investment sites like MicroVenture Marketplace Inc. http://www.microventures.com/ , which is opening doors to those looking to invest $1,000 to $10,000 or more.

The way to win at angel investing, of course, is to invest in the right startups. To get there, you need:

Full Story: http://venturebeat.com/2011/05/18/a-new-option-if-you-want-to-invest-in-startups/