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AngelList is a US website for raising equity or debt investments for startups. Only accredited investors can invest. It was founded by Naval Ravikant and Babak Nivi. It provides templates for creating term sheets that reportedly reduce the legal fees and a recruiting portal. The company is looking at crowdfunding with unaccredited investors now that the US JOBS Act has been passed.In 2013 AngelList entered into a partnership with CrunchBase an online tech company database.