Maybe I'm just totally crazy here, but my feeling is that unless you have $10 million+ cash you really should not be investing in startups. It's just way way to

Maybe I'm just totally crazy here, but my feeling is that unless you have $10 million+ cash you really should not be investing in startups. It's just way way too risky. This is probably just my own personal risk tolerance, but you should not be investing more than 10% of your net worth into stratups (because you're very likely going to lose it all) and you should have at least ~10 investments in order to normalize your risk. Not to mention that you're probably tying up all the money you're going to invest for ~5 years until (if you're lucky) there's an exit. Again, this is purely just my own (admittedly conservative) risk tolerance.