Super Angels article in Business Week
Great article in Business Week today: ‘Super Angels’ Shake Up Venture Capital except we may not “shaking” venture capital up, we’re just reacting to the changing conditions of how investors are making money today. Traditional VCs with $1B funds are just caught in the tough position of trying to find deals that are looking for many millions of dollars in funding. The new generation of seed funds are nimble and fast and can do things the old boys can’t.
IPO exits are dead, but acquisitions are still happening:
I watch the Crunchbase Acquisitions page and see there are still a lot of companies being sold.