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Godfather of Silicon Valley shares angel insights

Sophia Perl of Wisdom

Since 1994, Conway has been doing angel investing in solely internet software. He is one of six people for SV Angel, which is on its third fund of $30M. About 1/3 of its portfolio fail, 1/3 are base hits and get 1-3 times money back, and top 1/3 are big hits and get 4-5 or “Google” times money back.