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There probably aren't more than a couple hundred serious angels in the whole Valley, and yet they're probably the single most important ingredient in making the
by iamelgringo 18y ago
There probably aren't more than a couple hundred serious angels in the whole Valley, and yet they're probably the single most important ingredient in making the Valley what it is. Angels are the limiting reagent in startup formation.
If there are only a couple hundred serious angels in the Valley, then by deciding to become one you could single-handedly make the pipeline for startups in Silicon Valley significantly wider. That is kind of mind-blowing.
Wow. Mind blowing, but a great insight. I'm really amazed at how few Angels there are, and what a huge disproportionate influence they have on the world economy.
Personally, I think that angel investing would be an absolute blast. Just got to get that, "rich" bit figured out so I can start doing angel investing. :)