Angels Who Hope To Make A Killing

These investment groups focus on early-stage startups

Some 75 well-dressed professional women in their 30s to 60s, seated around tables at a Washington, D.C., restaurant, have made it through their salads and salmon and are now listening with keen interest as two young entrepreneurs make their pitch. Chris Gergen and Burck Smith hope to persuade the women to cough up a total of $500,000 for their fledgling company, Smarthinking, which offers online tutoring and research assistance to high school and college students.

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