Not just for YC companies. I've gradually come to believe that the number of via... | Hacker News

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		pg on Feb 13, 2009 \| parent \| context \| favorite \| on: Y Combinator putting on special event called Angel... Not just for YC companies. I've gradually come to believe that the number of viable startups is more a function of the amount of angel investing going on than any other factor. VCs are useful in getting really big, but without angels startups don't survive to the point where VCs are willing to invest.

skmurphy on Feb 15, 2009 [–]

"Have you thought about investing in startups, but didn't know how? [...] How do you pick winners?"

Why not raise a side fund and do full fledged seed investing if you can pick winners?

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