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This is precisely the exact kind of trend and evolution entrepreneurs need. Rather than hands-off dumb money at crazy valuations and major dilution, young web f
by rantfoil 18y ago
This is precisely the exact kind of trend and evolution entrepreneurs need. Rather than hands-off dumb money at crazy valuations and major dilution, young web firms need smart VC's who act more like angels than ever before.
- fallentimes 18y agoAnd everything is so cheap. By the end of the summer, most of the YC companies still had seed money left. Bootstrapping is much more doable now than it was three or four years ago. If I owned a VC firm that didn't do seed investments, I'd be worried.
- hugh 18y agoNo you wouldn't. You'd just be focusing less on internet-based software businesses and more on biotech, cleantech, nanotech, and other hardware-type businesses.
- bootload 18y ago"... biotech, cleantech, nanotech, and other hardware-type businesses ..." Your probably right. But it's worth noting that software plays a key part in all of these industries.