Expect it. Most early startups fail, so if you angel invest for long enough, watching some of your bets go to zero is normal, not a sign you are bad at this. The healthiest setup is both emotional and financial: only invest money whose loss will not change your life, so a shutdown stings your pride more than your finances. Avoid throwing more money in to save a sinking company just because you are already in; that good money after bad instinct is how small losses become big ones. Treat each failure as tuition, note what you misjudged, and keep cheque sizes small enough that no single loss dominates. The founders you backed will remember that you were kind when things ended, which usually matters more than this one deal. This is education, not advice.
2 resources, 1 India-specific, 1 link-checked.
The India-specific angel tax rules that touch both founders raising and individuals angel investing, worth understanding before you write a cheque.
From ClearTax by ClearTax
Open cleartax.in →The best reminder that avoiding ruin beats chasing returns, and that wealth is the money you don't spend. The whole founder concentration problem, told as stories.
From The Psychology of Money by Morgan Housel
