"We're having a conversation!" is a perfectly legit saying, even to someone who is not a stranger on the street. On the other hand, Naval is a celebrity, and it's more expected for a celebrity to get such requests - maybe not wanted, but probably common. The deeper question is less anecdotal: to what extent, to cite Kevin Spacey (who cites Jack Lemon), the tech community sends the elevator back down. In this respect, AngelList has done a tremendous change to open more opportunities to more people. It actually opened the closed doors to many, and great news they are taking it to the next level. If this fund succeed, even more funds will follow.