CEG

Angel investors can give wings to young companies

The Daily Gazette
April, 20, 2008

By Jason Subik, Gazette Reporter

Starfire Systems President and Chief Executive Officer Richard Saburro remembers the first time he went to see the angels.

“They usually ask very good questions,” Saburro said. “The most basic question is: ‘How are you going to make money and when? How are you going to become profitable, and when?’ ”

Saburro said he’s made several presentations to members of the Tech Valley Angel Network, a group of 24 accredited investors — most veterans of the business world — who risk personal fortunes to be early investors in what they hope will be growth companies.

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