Small scale investors wanting a piece of burgeoning private companies such as Zynga, Groupon or Facebook before they go public may have a new friend in MicroAngel Capital Partners.
The alternative fund management company is launching Thursday to offer first-time venture fund investors and those looking to invest smaller chunks of cash a chance to invest anywhere from $2,000 to $10,000 in some of the most coveted internet startups.
MicroAngel Capital Partners will pool investments in individual funds for hot pre-IPO technology, social media, green tech and mobile companies. Regional funds will also be available. Once it raises roughly $1 million per fund, MicroAngel Capital Partners will buy up stock via sellers on secondary stock markets and dole out shares to fund participants.