It's interesting looking at Bryce's comment about how AngelList is becoming a "bigger fool's list" is paralleled and Jason's remark that "There are now hundreds

It's interesting looking at Bryce's comment about how AngelList is becoming a "bigger fool's list" is paralleled and Jason's remark that "There are now hundreds of qualified and unqualified angels who are driven by sport and not return!" About that bubble ... Jason also suggests that deals off of Naval's Playground (aka Angel List) will be in companies "run by very stupid entrepreneurs". Really? Based on Jason's own characterization of the list, smart entrepreneurs who want investors who do care about returns -- or have a different idea of sport than Naval, Jason, and their pals -- would be a lot better off spending their energy elsewhere. It sounds like the AngelList pond is great for some entrepreneurs and some investors, but there are plenty of other good options.