Fred Wilson called out this post today which I agree is great:
http://blog.semilshah.com/2013/08/24/random-notes-from-the-early-stage-investing-field-fall-2013/
He said this in particular:
“Individual investors (or angels) are hard for people to think of and put on a list”
Which Angel List should be the solution for. But it isn’t. You need some great club behind you before you go to List.
Which is why being an active founder and investor is important. The list keeps evolving. Very hard to just step into it.