Tuesday, February 03, 2009

Angels Flee From Tech Start-Ups - NYTimes.com

See the full article for some implications

Angel investors are the optimistic financiers who give entrepreneurs their crucial first infusion of cash to bring their ideas to life. Now, in the midst of a punishing economic downturn that is sparing few companies, these patrons are cutting back on their bets and threatening the very foundation of the technology economy.

Angels Flee From Tech Start-Ups - NYTimes.com

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