Just Because You Can Angel Invest Doesn’t Mean You Should

For the first time ever, people can now buy equity, not just products, through startup crowdfunding sites like AngelList. Some in the VC industry have commented that this democratization "changes everything" — especially early-stage investments, in "unanticipated ways."

But no one’s talking about whether people should invest.

Just because anyone (well, an accredited anyone) can become an investor doesn’t mean they should. And despite what Silicon Valley folklore tells us, entrepreneurs don’t necessarily make the best investors.

I’m speaking from experience.

By Ben Huh

Full Story: http://www.wired.com/opinion/2013/10/catfather-of-the-internet-just-because-anyone-can-become-an-angel-investor-doesnt-mean-they-should/