Trend alert: In Silicon Valley, popular bloggers are realizing that instead of trying to make a living by selling ads, they can instead hit up venture capitalists for money. As I described last week in a post on my personal blog, these savvy bloggers will use the money to create “angel funds,” which they in turn will use to make investments in small startup companies—which bloggers often hear about before the rest of the world. Those investments, if bloggers are smart and/or lucky, could end up being worth millions.
But read the story.... There's more to this than meets the eye.
http://www.thedailybeast.com/articles/2 ... funds.html