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Intriguing article. If VCs and angels start competing with each other, there must be a decent-sized market of startups with considerable potential. As if the fu
by whacked_new 20y ago
Intriguing article. If VCs and angels start competing with each other, there must be a decent-sized market of startups with considerable potential. As if the funders are sellers and the founders are buyers. More power to the little guys with big aspirations!
- bootload 20y ago'... If VCs and angels start competing with each other, there must be a decent-sized market of startups with considerable potential ...' My take is the market is re-adjusting. YC has now shown that the cost to get startups to market is low and therefore the average & not so average VC's who want to give more money out than startups need, have begun to adapt giving less. [0] I'm seeing adaption in the developers tool market as well. [1] Big business is catching up. '... More power to the little guys with big aspirations! ...' It demonstrates that the money bit is not the real stumbling block. Reference [0] pg, 'The Venture Capital Squeeze' http://www.paulgraham.com/vcsqueeze.html http://www.paulgraham.com/vcsqueeze.html [1] bootload, 'Delphi on Rails?' http://news.ycombinator.com/comments?id=8494 http://news.ycombinator.com/comments?id=8494