This is why in my angel investing (I really hate the term angel) I try to avoid just investing in people I like.
It is not that I want to work with people I dislike, but that if I like them other people probably do and if they are all investing on the basis of how much they like the founders then the price will be higher.
Coincidentally, in my research paper, it's found that one of the deciding factors that VCs and Accelerators choose/invest in companies is actually how much they 'like' people or founders
Yep. I can understand the appeal of wanting to invest in people you like because you will be spending a lot of time with them. It would not be so bad if who people liked was random, but it is not - we all tend to like the same people.
Investing is quite like dating in that it is not always best to just go the for the hottest guy/girl in the room.
It is not that I want to work with people I dislike, but that if I like them other people probably do and if they are all investing on the basis of how much they like the founders then the price will be higher.