欧洲商业天使网络认为，产生这样的结果有它的社会基础。
The European Business Angel Network says there is a social dimension to this disparate result.
它不是硅谷，但在洛杉矶风险投资和天使网络仍然相对较强。
It's not Silicon Valley, but venture capital and angel networks are still relatively strong in Los Angeles.
这些都是略多，正式版本的天使网络是没有管理别人的金钱的。
These are slightly more formalized versions of angel networks that aren't managing other people's money i. e.
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