Naval Ravikant, a serial entrepreneur, and Babak Nivi, a rebel venture capitalist, have been active angel investors for a long time. In February last year they decided that perhaps it would make sense to start an email list that would match startups looking for funding to wealthy investors — angels, as they are known in Silicon Valley parlance. So they started AngelList.
It is one of the more disruptive startup funding ideas to come to market. Thus far, the idea of angel investing has been constrained by the who-you-know factor. If you know the right people, and if you get the right introductions, then your chances of getting funded are much higher.
To read the full, original article click on this link: As Angel Investing Booms, So Does the AngelList: Tech News and Analysis «
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