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For Start-­ps, How Many Angels Is Too Many?

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Nancy Hua, Apptimize

Nancy Hua is the chief executive of Apptimize, a start-up that raised about $2 million from 21 angel investors in the space of a couple of days. Almost 3,000 angels made such investments last year, including major players in Silicon Valley.

Credit: Peter Earl McCollough for The New York Times

Shortly after presenting her start-up to potential investors at a conference, Nancy Hua was bombarded by eager suitors.

From The New York Times
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