[damien7579]

Thanks for the link to angellist - something I aspire to join but as I said in my post, you have to be approved to get listed and one of the requirements is you're not a newbie - you must have connections to other angels - in fact you must be referred by another angellist angel and have invested at least 3 times before. This was revealed in this great interview with one of the angel.co founders: http://www.danielodio.com/2010/10/21/fundraising-hacks-inter...

[tomfakes]

I'm in a very similar position - done an exit, taking some time off, have some money to invest.

I have yet to find a group that doesn't advertise that they need experience. I would guess that some of them would bend this rule if you got in touch and networked with them and their current members and they decided you were of sufficient quality to be allowed into the club.

We should start a 'newbie angels' group where we kick you out after you've done 3 investments!

[damien7579]

I like it :)

drop me a message offline (see my profile) perhaps we can share our research?