Angels are much more forgiving. They allow you the time to tweak your business model before you have to accelerate it. Read a recent article on the rise of angel investors.
Angel investors are wealthy individuals who invest relatively small amounts of money in startups.
And since the Nasdaq did its belly-dive, they have become an important part of the funding equation here in Chicago. Read a list of 10 ways to draw the angel to your door. The problem with finding angels in the past has been their relative anonymity. You knew they were out there, but you didn't know how to find them. These groups act as middle-men to bring together entrepreneurs and investors.