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Open Angel Forum Eyes Austin

Angel investment group the Open Angel Forum is eyeing Austin as the location of a new chapter for the investment group. The group, formed as a response to fee-based angel pitching conferences and groups, currently operates in Los Angeles, San Francisco, Palo Alto, Boulder, New York, Boston, Philadelphia, London and Seattle. The group said it is holding an event in Austin later this fall, although it did not give a date for the event. The group said it is hoping to add five more chapters on top of its existing cities, but is looking for entrepreneurs and angels to help get it started in other locations.