One thing I'm curious about is what it's like for a hacker to become an angel investor. I get the impression that being a VC is not that much fun (from a hacker

One thing I'm curious about is what it's like for a hacker to become an angel investor. I get the impression that being a VC is not that much fun (from a hacker's point of view), and in many respects being an Angel seems closer to a VC than a hacker (you're "just" a source of money, you're less hands-on and more advisory, etc). Doesn't the urge to actually "do" stuff cause you to exert more pressure on your investees? How do you feel if you see them doing stupid stuff (technically)? Do you get inspired to try hacking something related yourself? And less related questions: do you try to consciously find "complementary" startups to invest in and then try to get them to talk to each other (e.g., an ice cream company + chocalate company = super delicious!)? What do you do about competitors to your investees? Do you "wish them the best" or do you try to give your company a leg-up somehow? Is angel investing "something to do", "a way to get rich", "a way to help the world", all of the above, or something else? Why should people become Angel investors rather than donate to charities, or build schools in Laos, or buy cameras for orphans, or micro-invest using Kiva, or buy a giant island shaped like a skull and a matching super-villain boat?