The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
But the angels who’ve staked their funds on spreading bits of money all over the Valley are increasingly anxious that only 20 percent of their deals — in aggregate — will get the chance to keep going. This comes only a few weeks after LivingSocial posted 3rd quarter net losses of around $556 million.
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