Not sure they are counting money that is coming from wall street(banks, mutual funds, pension funds, etc) that is in FOMO state and is actually making VCs less

Not sure they are counting money that is coming from wall street(banks, mutual funds, pension funds, etc) that is in FOMO state and is actually making VCs less relevant in later stage investing. Good article on that: http://www.bloomberg.com/news/articles/2015-03-23/dizzying-pre-ipo-tech-values-spurred-by-rush-of-hedge-fund-money http://www.bloomberg.com/news/articles/2015-03-23/dizzying-p...