Our Little Angels
Angel investors haven't left us; they're just scaling back their operations.
John Garcia was in the right place at the right time. It was 1982 when he sold his surgical supply company to Baxter Healthcare and started looking for investment opportunities. It wasn't long before he found several small, private companies looking for financial help--including a little-known retail concept called Mail Boxes Etc.
Garcia's investments eventually returned several times his money, catapulting him into angel investing. Now, at 45, he makes a full-time job of connecting businesses with angel capital.
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