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Top 11 Things NOT To Tell Angel Investors
By Bob Norton / August 2004

Getting angel investors is both much harder, and more important than any time in recent history. Very few venture capitalists are investing in very early-stage companies without some “traction”, i.e. real sales. VC financing of product development will only go to "A" teams with "A" plans in large markets. This is les than 1 in 100 ventures. As a result the the quality bar for angel investors is also much higher. Angels also expect a more mature company because they can (and you would too given the choice).
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