Venture capital, in its relatively short history, has been a small world.
Many times, a company gets funded because a venture capitalist knew where to look, or a company knew how to reach a VC. While there are some cold-call success stories, many would say there is a sense of exclusivity that exists in the industry.
AngelList, a 3-year-old network that matches investors with tech startups, has sought to change that. On Monday, the company announced it's raised $24 million to help it do so.
Originally started as a blog called Venture Hacks, the goal was to teach startups … Read more