The existence and proliferation of Internet access may offer solutions to many of the problems of raising capital. The major problem for angel capital, as it is for venture capital, is the matching of investor and entrepreneur. Electronic matching offers the benefit of facilitating the required networking opportunities for both angel investors and entrepreneurs. In addition, electronic markets make due diligence of investment opportunities much easier through greater access to market and financial information. Recently, web sites have been developed that attempt to assist with the matching process by acting as a clearing house and information resource for investors and business owners.
Investors can customize the search engine to find companies that meet their particular interest.
This can be done online or by automatic E-mail notification. Special interest investors and entrepreneurs can access a national network of people with common interests. Entrepreneurs wishing to increase their firm's visibility can list on the ACE-Net Company Database. With the myriad possible specializations of angel and venture capital investors, this type of Web service adds considerable efficiency to the matching process. It may be a small business seeking venture capital or an investor looking for opportunities.