Angels vs VCs?

[jhciiivc]

Is an angel network ever considered a threat to a venture capital firm that operates in the same geographic footprint?

[Luke]

Angels are typically involved in seed stage (very early stage) investments and the amount they invest are also very limited typically less than $2M. VC's generally come in to picture after than when the investment needed is much larger than what angels can fund. But nowadays a few VC's themsleves have setup seed stage funds that in effect are competing with angels. But generally VC money is more expensive than angels.