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Enter Angel Investors. They give money, usually their own from previous business successes, to early stage startup companies aiming to create the future of the Internet. They enable inventors to quit their jobs and to build their technologies without immediately worrying about revenue. If there’s trouble among the Angels, then the entrepreneurs they help fund and mentor face trouble in their efforts to build the future of the internet that we will all benefit from. Michael Arrington’s report of collusion among Silicon Valley Super Angels really is as epic a story as it seems - and if the allegations are true, the consequences could affect everyone in the world.
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