The investors actively participate in networks, supporting the identification, screening and due diligence of opportunities and generally make their own independent investment decisions related to each project. Investors are less active in funds where the identification, screening and due diligence, as well as investment decisions are made by a small group and the monies the investor committed to the angel fund is invested on their behalf by this group. Investment into a fund results in the investor participating in all investments of the fund.
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