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Friend Or Foe? Angels, VCs Debate Who Has The Upper Hand

The big opportunity, Peters said, “is to connect more angels together.”

Depending on when you walked into the room, you could have heard a rousing speech on how angel investors have eclipsed venture capitalists in driving innovation or a sober discussion of why VCs and angels need to work together.

That keynote and panel at Thursday’s 2010 Angel Capital Association Summit in San Francisco, on the heels of the National Venture Capital Association’s annual meeting in Silicon Valley, illustrated the range of sentiments flying around as both types of investors rethink their models.

By Russell Garland

Full Story: http://blogs.wsj.com/venturecapital/2010/05/07/friend-or-foe-angels-vcs-debate-who-has-the-upper-hand/?mod=rss_WSJBlog

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