I'm a wannabe Angel.
I don't sit on a huge pile of cash, but my intention is to help startups in whatever possible way within my capacity. I haven't made a decision yet, as this thought has recently crossed my mind after going through various forums and having read the woes of startups.
I'm myself NOT having an entrepreneurial mindset. I'm working with one of the software companies in India having more than 12 years of experience in the IT industry assuming various roles from being a programmer to a Manager.
Since past few days (yes, not even weeks yet) I have been trying to gather as much info as possible, solely from the internet, and would continue to do so for some more time. I need guidance from established Angels visiting this forum.
Does an Angel need to be Techno-savvy? What are the challenges/pitfalls faced by Angels? Do Angels hedge their risks in some way or the other? Does anyone know of the 'minimum requirement' in terms of money I should be willing to put, in order to get associated with a well known syndicate of angels?
Please feel free to go beyond the above questions while you help me.
I'll add more questions here as they start bugging me.
Your two cents would be worth a million for me. Thanks in advance!