Angel investing is a microscope; being an LP is a telescope. I do both on purpose, because each one corrects the blind spots of the other.
Two vantage points
As an angel I see one company in high resolution — the founder's texture, the product's edges. As an LP I see the shape of a whole market and how a disciplined fund allocates across it. Holding both makes me a better judge of each.
Draft — to finish
*(Outline: what I look for in a GP; why LP discipline makes me a calmer angel; the portfolio- construction lesson angels usually learn too late.)*