Purple Angel governance model is not a fund per se. There is no requirement that all members must invest. However, all members commit to work with our companies and our partners as required. We believe in early stage investment with venture capital partners so that our comnpanies can focus on building their business and not be overly distracted by ongoing fund raising.

In addition to wealth creation, (the obvious) the Purple Angel vision is to "have fun, while being recognized as a unique, valuable, and influential partner in the investment community."

With "World Headquarters" at Ralph and Sons diner on Carling Avenue, the group is close to their roots. Located east of the main Nortel campus on Moodie Drive, it was the only place for early morning and late night coffee and donuts when Nortel first set up it's laboratory in the 1960's. It has come full circle and is once again the gathering place.

The most often asked question is why isn't Angel plural? The answer is that Angel is a collective noun, individuals acting as a group. It was also seen as an easy start to a conversation.