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
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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