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'Angel Investors' Help Young Oklahoma Businesses through Crucial Stage.

Daily Oklahoman (Oklahoma City, OK)

| August 13, 2000 | COPYRIGHT 2000 The Daily Oklahoman. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Mike Strain

Aug. 13--Randy Goldsmith has a pretty simple philosophy when it comes to making capital available for early-stage businesses.

"You can never have too much money," said Goldsmith, the executive director of the Oklahoma Technology Commercialization Center.

With that in mind came the creation of the Oklahoma Capital Network. The network is a group of "angel investors" who have registered in a database along with the state's venture capital firms. Goldsmith said the network consists of 44 groups.

"Those groups are composed of more than 300 individuals of high net worth and whose aggregate net worth is over $2 billion," Goldsmith said.

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