Around 2021-2022, angel investing seemed to be at its peak: many people in tech making $$ were desperate to angel invest for the first time. There's no better way to experience just how risky this kind of investing is than to put in your money - and see much of it disappear :)
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I now understand why there has been strict regulation on income requirements to be an angel investor (the accredited investor). E.g. in the US this is either $1M in net worth or $200K income the past 2 years. You really want to put money you don't need in here. It's very risky!