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Cincinnati’s biggest angel capital group, Queen City Angels, is the second-best group of private seed-stage venture capital investors in the country, according to a new ranking.

Queen City Angels, a 14-year-old group of about 50 wealthy individual investors, shot up the list because of its high percentage of successful investments and its high number of exits, according to New York-based venture capital analysis firm CB Insights. Exits are investments that have been successfully completed through a sale of the company or an initial public stock offering.

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