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FILE -- Patrons relax at the Surf Lodge, a boutique hotel and hot spot owned by Michael Walrath, a tech and night-life entrepreneur, in Montauk, N.Y., Aug. 24, 2013. Walrath, who made enough money to retire by his early 30s, is helping out young companies as an ?angel? investor, working on a myriad of projects like the Surf Lodge in his spare time. (Yana Paskova/The New York Times) Yana Paskova/The New York Times, via Redux