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Investing in start-ups by wealthy 'angels' rises 10.8%

Venture capitalists seem to be favoring later-stage firms

By Robert Weisman
Globe Staff / March 20, 2007

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Wealthy individual investors known as "angels" pumped about $25.6 billion into US entrepreneurial ventures in 2006, a 10.8 percent increase over the prior year, according to a report released yesterday by the University of New Hampshire's Center for Venture Research. (Full article: 632 words)

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