What precedent is there for creating an angel investing organization?
Over 200 angel investor groups have formed around the country since 1990 to bring some order and efficiency to the angel investing process. You may have heard of some of them: Band of Angels in the Silicon Valley, the Tech Coast Angels in the Los Angeles basin, and the Atlanta Technology Angels. These groups have all existed for ten years or more, and have brought many benefits to their members and local entrepreneurs. In 2004, these groups came together to form the Angel Capital Association, where formative groups can get assistance from experienced group leaders, and where groups can share best practices on due diligence and other issues.
