Takeaways from three years of angel investing

Have any other investors posted similarly concrete perspectives/guidelines? I've seen some fluffy PR ones on VC sites, but never anything this clear or honest.<p>Does anyone have links to good ones? Will any additional angels write up their own?<p>Thanks for this, Gabriel. Very interesting/helpful.

It seems like this investment thesis(low valuation, not in the bay area, willing to give up a board seat) is aimed at investing in second-tier startups. It would be interesting to contrast this strategy with that of most other investors, who are actively trying to fund the best/category leader startups.

2x liquidation preference and a board seat for someone only putting in $25k? Seems a bit heavy handed (though he says he is moving away from those terms now).

I'd like some advice if you have any. I am a 23 year old living in Austin, Tx. I am writing a business plan in hopes of getting backing but im not really sure how to find interested parties. How did you go about deciding on your ventures?

I'm curious why DC isn't in the open angel forum. Is DC worse for startups than Philli or Boulder?<p>Just curious, is there a lot of startup activity in Philli? I hadn't really thought of it before.

Where can I find the range of angel investment in software startups but related to healthcare field such as biotech and pharma?