Should we reduce the restrictions on who can angel invest?
mrshoe: I'm not sure this would fix the problem.According to the pg quote in the article "There probably aren't more than a couple hundred serious angels in the whole Valley." There are tons of people in the Valley who make >$200k/year. Tens if not hundreds of thousands of them. If only a couple hundred of those people take the risk of angel investing, what would lead us to believe that a lot of the lower-salaried people would choose to participate?I agree that the law seems a bit silly, and probably unnecessary, but I'm not sure that removing it would have much of an effect.Which leaves me thinking about other ways we could encourage more angel investing activity....