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The Entrepreneurial Exchange

Archangel Founders Honoured

At its recent awards c e r e m o n y  t h e Entrepreneurial Exchange made an Exceptional Achievement Award, to Mike Rutterford and Barry Sealey.

In 1990 these two very different characters were introduced to each other by Edinburgh lawyer Sandy Finlayson. Mike Rutterford had built up the successful estate agency Stewart Wise Ogilvie, and Barry Sealey had led Christian Salvesen to flotation in 1985.  They shared a desire to ‘put something back' by helping talented entrepreneurs achieve their own ambitions. They each invested in the company that was to become Optos plc, thereby forming Scotland's first angel investment group, Archangel Informal Investment. 

In the words of Chris Gorman at the ceremony: "Robbie Williams had a hit telling the world he was loving angels; so too have many in this room felt blessed when helped along the path by an investor or business angel. . . Mike Rutterford and Barry Sealey have been instrumental in creating the business angel investment community in Scotland, a community that is respected, and often envied, by the rest of the world."

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