2 ms·
Two titles: "$SOURCE invests where others fear to tread", where SOURCE="Russia’s DST" in yesterday's ft.com story (linked to), and SOURCE="Y Combinator" in toda
by chalst 16y ago
Two titles: "$SOURCE invests where others fear to tread", where SOURCE="Russia’s DST" in yesterday's ft.com story (linked to), and SOURCE="Y Combinator" in today's print edition. By Richard Waters in the FT's Inside Business column, ft.com free subscription required to read.
The story is an op-ed on how the Yuri Milner/ Ron Conway backing of $150k to every Y Combinator startup risks pulling the rug from under the carpet of the traditional, large injection VC model, by meaning that maybe the angel round is the last that many start-ups will need.
See http://apps.ycombinator.com/item?id=2154706 http://apps.ycombinator.com/item?id=2154706