AngelList started as a website for investors looking to connect with fledgling startups and vice versa. Now, three years later, it increasingly looks like an indispensable part of the startup scene—and in recent months it has introduced new features that could give it an even more central role.
The site—a hybrid with functions similar to those of Craigslist, Match.com, and LinkedIn—has become a daily destination for wealthy “angel” and other early-stage investors, as well as for startup companies busy raising funds. Registered investors can see which companies are raising money, follow their updates, view endorsements, and ask for introductions. The platform still favors startups with some reputation—the AngelList team picks companies to feature—but putting this information on the Internet opened up the very early-stage fund-raising process beyond Silicon Valley’s insider realms (see “Venture Capital, Disrupted.”)
To read the full, original article click on this link: AngelList Expands into New Territory | MIT Technology Review
