Angel Technology Investment Moves UpstreamNovember 9, 2011 – In The News
Asking angel investor groups to co-invest at the growth stage of start-up businesses is a rising trend among venture firms. Some say the trend has the potential to reduce the investment capital available to start-up health IT and technology companies in the region.
Michael Harrington describes it as "investing upstream."
"We have a very strong angel investment community," said Harrington. "Unfortunately, this trend is drying up early stage capital in the region."