Yes VC Partner, Caterina Fake, was named to the Founders Forum Angels Hall of Fame for her long history in early stage investments. After her company Flickr was acquired, her first check went into two startup investments. One has since gone out of business and the second was Etsy where she went on to become Chairman up until its IPO. “After that, I was hooked.” she said. Who wouldn’t be? Many if not most VCs start out as angel investors.