>Investors understand risk management. Heh. That's putting it mildly. Yes, he's hedging his bets. He has some Dilbert money he doesn't want to lose in case Cal

>Investors understand risk management. Heh. That's putting it mildly. Yes, he's hedging his bets. He has some Dilbert money he doesn't want to lose in case CalendarTree tanks. This is antithetical to a typical image of an entrepreneur who goes all in, and is a fanatical believer in the success of his or her product. A cynical angel may look at his start-up from that perspective.