Getting In On The Angel Game

Angel clubs are building networks of wealthy, well-educated women--something that's long overdue

I often chat with my father, Kenneth, a retired entrepreneur living in Aspen, about the private-equity deals he invests in with his skiing and biking buddies. When I asked him recently how he gets in on the ground floor of young, high-growth companies, he said: "I hear about them through my network of friends." Unfortunately, my father's network, and thousands of others like his, rarely include women. "We just haven't been invited," says Patty Abramson, co-founder of Women, a Washington, D.C.-based group of women who have raised $6 million to invest in high-tech startups.

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