The trend of companies being cheaper to start and the rise of angel and super-angel funds have left VC's without a place to make large investments? Isn't that t

The trend of companies being cheaper to start and the rise of angel and super-angel funds have left VC's without a place to make large investments? Isn't that the reason for the contraction of the "VC industry" in the first place? I think you may have let the atmosphere of HN and the stories it links to distort your view of the startup landscape. Yes, there are definitely more opportunities for low-barrier to entry software startups, but look at all the industries that are operating as they were 5 or 10 years ago and are very interested in VC funding. There are dozens of said industries (biotech, automotive, chemical, etc). The seed stage companies frequently discussed here offer a great service for the software industry, but don't forget that HN is still an enthusiast site.