I don't really want to jump into this and cast judgments on anyone because I don't know the situation. That said, if you are/were a part-time angel, you either have done quite well for yourself or come from a privileged background (or both).
We raised the money from friends, neither Dan and I are really financially capable of making investments ourselves. So, we're both privileged in that we've hustled and got people to have faith in us; however, both of us came from humble backgrounds (my mom and dad were a waitress and a postman, respectively) and neither of us have done that well for ourselves...yet.