[mammalfriend]

This! Obviously good investments are almost always oversubscribed, and additionally not all startups are raising angel money all the time. You need to find the overlap of:

* Company is raising now * You can get in on the deal * Terms are acceptable * You want to invest in the company

These are some reasons why professional investors are so busy taking meetings, and why so many angels piggyback on deals with more active/well known investors.