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snowcloud

08/06/08 12:37 PM

#16907 RE: frankiefingers #16906

A terminology clarification is in order here. Typically, Angels don't invest millions - they invest in the 100's of thousands range. Angels also tend to invest in pre-revenue startups, many with protectable IP. Venture Capitalists (VC) are higher on the food chain - they put in millions, sometimes many millions.