NEW YORK (CNNMoney) -- Utter the term "angel investing" to Dick Reeves, and you won't hear anything about 20-something tech billionaires clad in hoodies and sandals.
"Out here in the hinterlands, it's not Silicon Valley-like at all," said Reeves, who heads up Angel Syndicates Central, a Huntsville, Alabama-based network of small investors who provide seed funding for early stage companies.
"We're much more modest people. We invest much smaller amounts...it's a different game," Reeves told CNNMoney.
