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	<title>Rudofsky Associates &#187; Ellen Sandles</title>
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		<title>Angel Investing Explained at Wharton Club Event</title>
		<link>http://www.rudofskyassociates.com/news/2005/11/04/angel-investing-explained-at-wharton-club-event/</link>
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		<pubDate>Sat, 05 Nov 2005 04:38:00 +0000</pubDate>
		<dc:creator>David</dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[News]]></category>
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		<category><![CDATA[Angel Investors]]></category>
		<category><![CDATA[Ellen Sandles]]></category>
		<category><![CDATA[Tri-State Private Investors Network]]></category>

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		<description><![CDATA[Angel investors want entrepreneurs to demonstrate that they can &#8220;build someting and sell it,&#8221; Ellen Sandles, Executive Director of the Tri-State Private Investors Network, told the Wharton Club of New York. Angel groups are more forgiving (than venture capitalists) of a not-filled-out management team, but would rather pass on a deal than invest in a [...]]]></description>
			<content:encoded><![CDATA[<p>Angel investors want entrepreneurs to demonstrate that they can &#8220;build someting and sell it,&#8221; Ellen Sandles, Executive Director of the <a href="http://www.angelinvestorfunding.com/tentips.htm#1b" target="_blank">Tri-State Private Investors Network</a>, told the Wharton Club of New York.  Angel groups are more forgiving (than venture capitalists) of a not-filled-out management team, but would rather pass on a deal than invest in a company that is at risk of running out of cash before breakeven is achieved.</p>
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