Freeman Murray has this interesting blog post on VentureWoods looking at alternate ways for angels to profit from their investment. It rightly assumes that Angels rarely make a decent exit, and the money can be perpetually locked. So what could be the way out ? How long should an angel investor wait for returns ? Should he start withdrawing from the revenues ?

It is a really good post, and certainly clear answers to this will raise the confidence of Angels to fund startups.