As much as AngelList has helped founders obtain capital from investors that may not be in their physical backyard, it’s important to recognize that AngelList has given investors the ability to see deals that used to be out of their physical reach.
What I mean to say is that we often hear about how useful AngelList has been to founders. What we don’t hear often enough is that AngelList also helps investors — we get to see even more deals and, subsequently, the bar gets raised for any investments we end up doing.