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Playing an Angel

Even when the financial arena is dealing nothing but bum hands, angel investors can be the wild card that puts you on top.

This story appears in the May 2002 issue of Entrepreneur. Subscribe »

Raising money ranks right up there with root canals and tax audits as one of those not-so-fun, yet necessary, activities in life. And the dotcom bust, tumultuous money markets and slowing economy certainly haven't made the money hunt any easier.

But that's the bad news. The good news? "There's definitely money out there, and companies that have good business models and combine that with great management teams can certainly get capital today, from both angels and VCs," says Brian Hill, co-author of Attracting Capital From Angels.

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