One thing that sets the Park City Angels apart is their use of a fund. In order to become a member and gain access to the investment opportunities presented to the group, investors are asked to put $25,000 into a fund every two years, said Ted McAleer, co-founder of the group.
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The year is 2010, a young Eric Osiakwan is engaged in two experiments; getting the West Africa Backhaul Company (WABco) off the ground as an entrepreneur during the day and backing early-stage tech startups by night.