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Running Hackers and Founders, I've come aross a ton of young founders that have gotten seed rounds. And, a ton of them are hiring. I think one reason for the
by iamelgringo 16y ago
Running Hackers and Founders, I've come aross a ton of young founders that have gotten seed rounds. And, a ton of them are hiring.
I think one reason for the trend is that a number of rich people have soured on the idea of paying someone at BigCo finance to manage their money for them in the stock market. A lot of portfolio's have recovered most of the losses from the past 2 years of stock market craziness, and a lot of them are seeing the benefit of diversifying their investments with angel investing.
Multiply that trend times 500 to 5000 millionaires in Silicon Valley, and you have a sellers market in angel investing. That is, there are a lot of angel investors looking for startups to invest in early.