Something to be wary about as an entrepreneur: the angel investors who are now raising larger funds will have to invest in more companies, which will result in

Something to be wary about as an entrepreneur: the angel investors who are now raising larger funds will have to invest in more companies, which will result in them being able to spend less time and less energy with each startup. The traditional VC model is to have a large fund spread out across a number of partners who can each invest in around 3-10 companies each per fund. As an entrepreneur, you have the benefit of more attention from your VC partner, as well as the resources of the partnership as a whole. These super angel funds will likely start hiring associates and bringing in other partners to share the load, and at that point they become no different to, and competitors to, the traditional VC firms. Every investor has limited deal bandwidth, regardless of if they are an angel, a super angel, or a VC.