Angel Investing: The Real Make-or-Break Issue

We’ll get there, but let’s start here: I don’t believe in "angel portfolio theory," which applies Wall Street’s favorite myth to the early stage world. According to this approach, the "smart" way to do angel investing is massive diversification, with scores of early stage bets.

By Bob Rice

Full Story: http://gust.com/angel-investing/startup-blogs/2012/01/23/angel-investing-the-real-make-or-break-issue/