Angel Investors have Lots of Money to Invest

Key words for this post:
Business plans for angel investors

Weighing down a truck so it can get traction in snow doesn't sound very high tech. But it was high tech enough for the Ohio TechAngel Fund, Queen City Angels of Cincinnati and Core Network, another angel fund in Toledo, Ohio, as well as Fifth Third Bank. Financing totaled over $1.3 million for this year-old company.

So what in heaven's name possessed high tech funds to invest in something so low tech?

Speculation is that these angel funds don't have enough high quality high tech projects to choose from, so many are looking to low tech investments.

This isn't the first such report I've seen lately. While it's not yet a widespread phenomenon, it is an investment edge well worth pursuing.