In part two of this engaging conversation on The Startup Science Podcast, Greg continues his discussion with Patrick Gouhin, CEO of the Angel Capital Association (ACA). This episode dives deeper into the dynamics of angel investing, focusing on balancing risk and opportunity for both investors and entrepreneurs. Patrick emphasizes the critical role of diversification, the importance of aiming for high returns, and the necessity of aligning expectations between investors and founders.The conversation also explores the broader impact of angel investing, including economic growth and community development, supported by powerful examples like the Desert Angels’ transformative contributions. Patrick offers practical advice for emerging entrepreneurs on coachability and leveraging investor networks, while guiding new angel investors on how to navigate the ecosystem effectively.Additionally, the episode highlights key trends in startup sectors, the ACA’s initiatives to improve diversity in investment, and innovations such as syndication and standardized processes to streamline funding. Patrick concludes by envisioning a more efficient, inclusive funding model designed to fast-track capital deployment and empower entrepreneurs.This episode is packed with actionable insights and strategies for anyone interested in the startup or investment world.