[lend000]

From my stint working in the bay area, it seems like tons of older low level executives at tech companies (probably bringing in comparable income to staff engineers at FAANG) treat angel investing like golf. Most of the wealthy folks will do it at least once as a social activity, but most of them don't really know what they're doing.

[chii]

it's like buying a lottery ticket - good if you win, doesn't hurt if you lose.