Ivan - I like the idea. One advice though - raising subsequent funds for a startup is great, but by no means this means liquidity as an investor. In your hypot

Ivan - I like the idea. One advice though - raising subsequent funds for a startup is great, but by no means this means liquidity as an investor. In your hypothetical case, you would have made money on SocialCam. But as many terms give you 2x your money if the Company sells without additional rounds after the angel round, I doubt you would have made much money. It's money, sure. Also - it happens that angels can exit some of their investment after a Series A or Series B, but I think this is the exception more than the norm.