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Can Angel Investors Earn Heavenly Returns?

This may be the best time in years for an investor to become an angel. But that doesn’t mean you should rush out to get yourself fitted for wings and a halo.

An angel investor is anyone who privately provides capital to a promising business, often a start-up, that isn’t run by a friend or family member. Scott Shane, an economist at Case Western Reserve University in Cleveland, estimates that the U.S. has at least 140,000 active angels who collectively invest some $20 billion a year in new businesses.

By JASON ZWEIG

Full Story: http://online.wsj.com/article/SB125694047773419513.html?mod=WSJ_hpp_sections_personalfinance

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