Two of the angel investors in Angie's List teach at Ohio State University, where I go to school. Anecdotally: -Both have said it's worked out as a great invest

Two of the angel investors in Angie's List teach at Ohio State University, where I go to school. Anecdotally: -Both have said it's worked out as a great investment. -One had about a 20% stake when it was first started (not sure where his stake is now). -The other had the most interesting story. One of the people (based on the prof's story and the article, I assume it was Bill Oesterle) went to my professor pitching for the funding. After the pitch, my professor wrote Bill a check and Bill responded back with something to the effect of, "Are you ready to lose this money? Because you're never going to see it again." It's had a happy ending for everyone I know who is involved.