That doesn't mean that if *you* invest in this manner that you will see the same...

		jacquesm on April 7, 2023 \| parent \| context \| favorite \| on: 50% IRR with spray-and-pray angel investing That doesn't mean that if you invest in this manner that you will see the same returns, this may well be a case of survivorship bias or, alternatively other circumstances that make this unique. Angel investing is a lot of work if you do it for the money and just throwing your money at random projects can work if you're lucky but most likely you will not be.

A lot of the returns came from a few HUGE winners from what he said in the pod.