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Doing It For Themselves Woman investors are changing business.

By Cynthia E. Griffin

Opinions expressed by Entrepreneur contributors are their own.

Woman investing is booming. Just look at angel investing.

From New York to Seattle to Los Angeles, high-net-worth womenare creating both informal and formal networks, and often thebeneficiaries of this financial muscle-flexing are womanentrepreneurs.

"I have people e-mailing and calling me from around thecountry asking how they can start [angel investment networks] intheir communities," says Kay Koplovitz, founder of the USANetworks cable channel and currently CEO of Working Woman Network.She is helping women start angel funds in major cities.

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