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True then, true now: a 40-year perspective on the early stage investment market

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One of the constants in the angel marketplace is that they invest mostly for non-economic reasons. The operations of two Boston-based seed capital funds – Zero Stage Capital and Navigation Technology Ventures – which raise their funds from both institutional and angel investors are described. Some lessons about commercializing technology are reported.
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Keywords: BUSINESS ANGELS; INVESTMENT MOTIVES; SEED CAPITAL; TECHNOLOGY COMMERCIALIZATION; ZERO STAGE CAPITAL

Document Type: Research Article

Publication date: October 1, 2002

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