Early stage entrepreneurs often have a lot of questions about angel investors - what they look for, how to convince them to invest, how long the process takes, and, in general, just what makes investors "tick". I'd like to suggest that it's not that hard to figure out. You can understand quite a lot about how investors think - by simply putting yourself in their shoes.
After all, angel investors aren't from another planet. They're just people with a reasonably high net worth who decide to allocate part of their investment portfolio (probably a small part) to startups.
So let's pretend that you're a high net worth individual. Here are some things you'll probably be thinking about: