50% IRR with spray-and-pray angel investing 3 years ago
go team - been following along with Wannabe Angels since the beginning. All of the theory behind angel investing is mirrored in pro poker experience. It's the same balance of risk analysis, math & gamble.
You can beat the game in the long run by playing smart (following a lead like Naval) -> but the short term wins and loses are defined much on 'luck'. :)