The founders of Microventure Marketplace Inc. are launching a new business — MicroAngel Capital Partners — designed to enable investors to pool their capital for larger investments such as pre-initial public offerings and limited partnerships in venture capital funds.
The Austin-based venture is the latest in a series of hybrid models founded in Austin to give investors alternatives to the conventional investing models.
MicroAngel is being established for investors looking to put $3,000 to $10,000 into deals that typically require at least $100,000, said William Clark, founder of Microventure Marketplace, which he launched in 2009.
To read the full, original article click on this link: MicroAngel jumps into Austin investing scene | Austin Business Journal
Author:
Christopher Calnan