SV Angel to scale back operations, not raise new fund

SV Angel's Ron Conway laughs in response to a joke by Salesforce's Marc Benioff (not pictured) during a conference in San Francisco, California, Sept. 11, 2012. REUTERS/Beck Diefenbach.
SV Angel said Thursday it will not raise a new fund and instead scale back its operations, the result of a crowded angel market flooded with money. The angel fund founded by long-time investor Ron Conway will continue as an ...

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