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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

March 10, 2006 at 6:39 PM

Money flowing like wine

Six angel investor organizations attracted a standing-room only crowd of more than 150 people at Thursday night’s MIT Venture Lab. All of them reported a surge in activity recently. Their conclusion: “This is a great time as an entrepreneur to be fundraising,” said Edward Hansen, program manager of the Alliance of Angels.

“The faucets of capital have turned back on,” said Steve Johnson, who chairs Venture Lab as part of MIT Enterprise Forum’s Northwest chapter. Budding entrepreneurs worked the room and anxiously took notes on presentation strategies. The other angel groups were the Keiretsu Forum, Puget Sound Venture Club, Seraph Capital Forum, the Washington Technology Center (WTC) Angel Network and Zino Society.

The Zino Society, which blends angel investing and wine appreciation, counts at least one famous executive among its members: former Boeing CEO Phil Condit.

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