"... The glory years of venture investing are over, or threaten to be, unless new blood, new values, and new ideas make their way in. That’s the value of crowdf

"... The glory years of venture investing are over, or threaten to be, unless new blood, new values, and new ideas make their way in. That’s the value of crowdfunding, which promises to bring vast amounts of new capital to bear, not just on the same old ideas but on a broad array of ideas and business types that could never get through a door right now on Sand Hill Road. ..." Tech startups are the seeds of new corporations. The disconnect between VC's and the market continues. Founders are gaining power over investors ~ http://paulgraham.com/future.html http://paulgraham.com/future.html