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INNOVATION ECONOMY

Mass. IPOs don’t create many angel investors

By Scott Kirsner

 |  Globe Correspondent  

  May 13, 2012

This month’s initial public offering of Facebook will mint a lot of new multimillionaires. As is the Silicon Valley tradition, they’ll put some of their wealth into a new generation of start-ups. So where does that leave Boston? A hunt for people making angel investments after recent IPOs and acquisitions of Boston companies determined that a successful company around these parts seems to yield a pretty small flock of angels.

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