Number of angel investors in Silicon Valley balloon with wealth creation
Young entrepreneurs are taking advantage of all this venture capital but there are downsides too
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New York
SHORTLY after presenting her startup to potential investors at a conference, Nancy Hua was bombarded by eager suitors. A little more than 48 hours later, the Silicon Valley entrepreneur had amassed about US$2 million from wealthy individuals known as angel investors.
The total number of angels that Ms Hua raised money from: 21. And she could have gotten more individuals if she had not cut them off.
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