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From Nothing To Something. How To Get There.

techcrunch.com

Tony P great, though meebo’s place as a “successful&# start up is still open to debate – from consumer IM aggregator to white label IM, still not making big $$. Options and future value are great ‘add ons’ but not for a welfare check salary until ‘this great idea makes it.’

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

pandodaily.com

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. Meanwhile, there’s been a surge in follow-on seed deals. They don’t have to worry. By Sarah Lacy.