It does!

In the comic series Angel: After the Fall, we see the Senior Partners sent Los Angeles and its population to hell as retaliation for Angel's plan. Angel eventually realized that Wolfram & Hart needed him to be alive, so he provoked his own death. To prevent it, the Senior Partners reset time to the point of the final scene of "Not Fade Away." The differences are the Wolfram & Hart building did not exist in L.A. anymore, Team Angel knew how to win the battle this time, and Angel was famous among those who witnessed the fall of Los Angeles.