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Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

Some have done earlier-stage deals and done well. Others have chased earlier-stage but lack the skills or relationships to do this effectively. Some have moved into later stage investments in an effort to “put logos on their websites.&# The Explosion in Early-Stage Innovation.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

But at a macro level, widespread failure this early is far less painful than if it came at later stages. 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.