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Workers are reportedly offering to buy San Francisco's Anchor Brewing Co. and manage it themselves. Anchor, owned by Japanese beer giant Sapporo, announced this month that it would shutter. Anchor and Sapporo did not immediately respond to requests for comment on the letter or the closing from Insider. The Anchor workers aren't the only ones interested in buying and preserving the brand. Sapporo touted Anchor's "strong brand power" and potential for growth in a statement explaining its acquisition of the brewery in 2017.
Persons: Dave Infante, Pedro de Sá, Mike Minami, Mike Walsh, Sam Singer Organizations: Anchor Brewing Co, Service, Privacy, Brewing, Sapporo USA, Anchor, Sapporo, San Francisco Chronicle, LinkedIn, Cola Locations: Sapporo, Wall, Silicon, San Francisco, Vinepair, Sapporo USA, California
Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"
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