Vegas Valley Angels Suspend Operations
According to Bill Payne:
The Vegas Valley Angels are changing our operating mode in light of the current economic times. We will continue supporting portfolio companies and looking at deals syndicated by others but are not inviting local entrepreneurs to apply to us for funding. We simply do not have the resources necessary to lead new deals at this time. During the coming year, we will be meeting less frequently than in the past. We intend, however, to return to our normal operations in 2010.
