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Advice for Startups Seeking Angel Funding

Advice for Startups Seeking Angel Funding

While the market roller-coaster continues, entrepreneurs looking to start businesses still need to raise money. We spoke to 11 leading angel investors across the country to see what the credit crunch, stock market declines, and economic uncertainty mean for startups looking for angel dollars. Among the lessons: There's a premium on experienced management. And make sure you know how to conserve cash if you are lucky enough to raise funds. Edited excerpts of the conversations follow.