Where are the angels? The most  complete  list of angel groups in North America is provided by the Angel Resource Institute. A few weeks ago I attended a seminar at UNH where Jeff Sohl was contrasting venture capitalists and angels as drivers of economic development. VCs tend to cluster in a few high-visibility locations while angels are spread out all over, as this list clearly shows. And this list just covers groups we can identify, leaving hundreds of thousands of angels who operate informally unlisted.

If you’d like to contrast this list with VCs you can find a list of members on the National Venture Capital Assn. web site.