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This is the most sane and sound explanation of Angel funding I have yet to read about. Kudos to the OP for sharing the thought process. > I wouldn’t recommend
by mbesto 11y ago
This is the most sane and sound explanation of Angel funding I have yet to read about. Kudos to the OP for sharing the thought process.
> I wouldn’t recommend anyone to put more than 5% of his or her investment assets into startups.
It's surprising how many people (for those who have the ability and access to do so) notoriously do not follow this advice (which is personal finance 101) and use angel investing as a status symbol.[0]
[0] - http://www.bothsidesofthetable.com/2015/07/07/how-many-angels-is-the-right-amount-for-a-startup-to-have/ http://www.bothsidesofthetable.com/2015/07/07/how-many-angel...
- goodJobWalrus 11y agoThose who use it as a status symbol, may view it as a business expense.