angel group

noun

Definition of angel group

:a group of wealthy investors who pool their resources to invest in new businesses :an organized group of angel investors
  • The clouded environment … has caused some angel groups to take a look at the cost of coaching entrepreneurs and listening to their pitches.
  • —James FlaniganInternational Herald Tribune21 Aug. 2009
called also angel network

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First Known Use of angel group

1995


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