Financial Times FT.com

When an angel could turn out to be a devil in disguise

By Jonathan Moules

Published: April 4 2009 03:00 | Last updated: April 4 2009 03:00

In the current economic climate, you would be stupid not to accept an offer of funding, wouldn't you? Not according to a number of ambitious entrepreneurs.

George Bevis recently turned down "two very prominent" angel investors for his young internet business Speedsell, which buys and resells video game consoles for people.

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