AngelList, a startup based in San Francisco, is starting to open things up with a social network for the kind of people who create and invest in social networks. It’s a Kickstarter-like online forum where startup founders post their ideas and meet investors who fund risky, early-stage companies. In 2013, 500 startups raised $125 million through the site, including transactions ultimately closed offline, says Naval Ravikant, AngelList’s co-founder and chief executive officer. Ravikant, suddenly one of the Valley’s highest-profile power brokers, says his company’s mission is “to make startup investing transparent, efficient, and more open.”
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