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Tech Coast Angels Partners With National Angel Association

The Tech Coast Angels has announced that they are working with the National Angel Capital Association to help the group develop best practices for managing deal flow, due diligence, and post-investment follow up. The groups said that they will be working to provide new tools for portfolio management and mentoring entrepreneurs. TCA founder Luis Villalobos will also join the Angel Capital Association's board. The groups report that the number of angel organizations has tripled in 1999 to over 200 groups. The Angel Capital Assocation is sponsored by the Ewing Marion Kauffman Foundation.