PSA: I'm seeing a lot of young people write small angel checks as a hobby in their 20s. I think people only share the glamourizations of angel investing but not the fact that it's a money-losing asset class. You should be financially secure to invest as an angel (accredited too).

Do not go in the red angel investing. It's not worth divesting your future for the glory of being an "angel investor on the nights and weekends" for the SV street cred. Max your 401K contributions out, invest your money in ETFs, and take your returns to invest into startups.

Your 20s are all about accruing as much capital to yield compounding interest so you can retire with peace and not have to work for the rest of your life. To put your 401K money into angel investing is foolish at best. I'm seeing people borrow money to angel invest and it's crazy

I'm not trying to be Suze Orman here...just cautioning people from the glamourization of being an angel. Build yourself up, gain financial freedom, everything else after that is a plus. Good things take time. It's ok to not rush.