The company valuation he’d get in on would mean that such an acquisition would represent a 5x return, over something like three months. That’s a gargantuan ret

The company valuation he’d get in on would mean that such an acquisition would represent a 5x return, over something like three months. That’s a gargantuan return on an annualized basis. You're totally missing the part where angels invest in companies that give them zero return. Even the worst stocks give you some money back. Unfair comparison.