Local professional angel investors call Dave Berkus, 72, the "uber angel." In the business start-up world, angels are wealthy, experienced entrepreneurs who invest money, time and expertise in young ventures. Many angels refer to one standard way to value an early-stage investment as the Berkus Method.
The Pasadena native has been an entrepreneur since the age of 15, when he and a friend started a custom record company. That paid his tuition at Occidental College. Later he founded Computerized Lodging Systems Inc., a software developer that he calls his most successful investment ever. After leaving CLS in 1993, he became an angel investor, which he called "resource capitalist" in his first book on the subject, "Better Than Money," published in 1994...... more at http://www.ocregister.com/articles/angel-503101-angels-money.html