: Many new angels are high achievers in other professional domains (like manufacturing or corporate leadership). However, the skills that led to success there—such as tight operational control—can be counterproductive in the ambiguous, hands-off world of early-stage investing.
: True professional angel investing follows a power law distribution , where a tiny percentage of "big winners" accounts for the majority of returns, while most investments fail. During a rush, many investors fail to account for this high failure rate. Strategic Recommendations for Investors angel rush
: The rush is often fueled by watching others achieve quick fortunes from IPOs or acquisitions, which can lead to overconfidence and a lack of investment discipline. : Many new angels are high achievers in