Angel Investor News provides the latest in investment, finance and funding from an investor and entrepreneur's viewpoint.
John May is changing angel investing from a lonely and high-risk venture into a team sport. In his model, angel investors band together to pool their money and invest together in early-stage companies. However, group investing is hardly a new tack. But May, the president of New Vantage, an angel club management firm, takes it a step further. He’s breaking the mold of asking wealthy investors to fork over money and sit back while the fund manager does all the work. Not in May’s model.
A lifelong entrepreneur who became an angel investor 18 years ago. Started in software and logic design. Has a master's in mathematics and a degree in electrical engineering and computer science. Joined a startup company and became the vice president of engineering.
In an unstable economic climate, Moltz, a long-time entrepreneur, saw the need for a stand alone group of serious angel investors to deals in the Chicago area. As an angel investor, he co-founded, Prairie Angels two years ago.