Angel Investor Hits Pause After 15 Years: A Deep Dive into the Why and What's Next

After 15 years and 54 investments, an angel investor decided to pause his angel investing activities. He found that over-diversification led to superficial founder relationships, limited learning opportunities, and returns that didn't justify the time commitment, risk, and opportunity cost. His future plans involve deeper founder engagement through board positions, learning through podcasting and teaching, and becoming an LP in VC funds. He concludes that sometimes, the best investment decision is not to invest at all.