Never invest what you can't lose
Startups are a risky business. The vast majority will fail.
But that doesn't mean they shouldn't be funded. A strong startup economy is one where companies are being created and destroyed. Dreamers should be encouraged to try, fall and get back up. The very people who can endure those hardships will be the battle scarred leaders of the future.
At evAngels we seek these entrepreneurs out, listen intently, challenge their assumptions, give them advice and then if appropriate connect them to investors who are like minded.