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angel group

noun
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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 Flanigan,  International Herald Tribune,  21 Aug. 2009
— called also angel network

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First Known Use of angel group

1995

in the meaning defined above

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