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Gopher AngelsJust six months young, Gopher Angels is hastily moving towards their objective of connecting new Minnesota startups with qualified and capable local angel investors.

Spearheaded by David and Sara Russick, the group has increased membership to a “solid 15 active angel investors, of which about half are tech savvy” according to David, who maintains that the ultimate goal is to rally 70+ Minnesota angels. “Dealflow segmented by industry tells us that there is real opportunity here for both sides of the table to win with tech in Minnesota.”

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Capital

David and Sara Russick Gopher AngelsGopher Angels may not have website yet (or even a logo), but that’s not stopping David and Sara Russick from announcing their latest dream — to play a role in funding new Minnesota businesses.

Inspired by Thunderbird Angels, an Arizona investment network affiliated with the Thurderbird School of Global Management (David’s alma mater), the husband and wife duo have their sights set on formally organizing a small yet diverse group of accredited Minnesota angel investors.  Gopher Angels is not a fund of pooled capital, rather a network of structure, collaboration, and leverage.

“We see both the need and the opportunity,” says Sara. “This is our next endeavor,” David adds, describing their own entrepreneurial past, which includes Bagster, a novel disposal business they started in 2005 and sold to Waste Management two years ago.

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