Where angels dare: NoCo tech startups

A new club of angel investors sees promise in Northern Colorado’s technology startups, made up of members who are more than familiar with the risks that come from investing in fledgling companies.

For the uninitiated, angel investors might sink, say, $750,000 to help a startup realize a great idea. The angels — they’re called that because, unlike a venture capital firm, they typically fund companies at their earliest stages — can gain a roughly one-third stake in a company, shooting for a return of 10 to 20 times their initial investment after a few years.

Or so they hope.

But the…