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How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

If you are a 20-something tech entrepreneur you could be forgiven for thinking that seed-stage investors, Angellist Syndicates and widely available angel money always existed. Let me take you back just 10 years ago to 2005 in Silicon Valley where I returned after 11 years of living in Europe. But not many others.

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Let's All Shed Tears For The Crappy Startups That Can't Raise Any More Money

readwrite.com

Believe it or not this is actually a big story in Silicon Valley right now. For the past few years we’ve had people calling themselves “investors,” who have no experience investing, swanning around the Valley, slinging money at people calling themselves “entrepreneurs” who have never held an actual job, let alone run a company.

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

pandodaily.com

Multiply that by literally a couple thousand, and that’s what 2013 is going to look like in Silicon Valley, and to a lesser degree some other startup ecosystems. ”The venture business in general is wildly undisciplined about throwing good money after bad,” he says. Entrepreneurs are survivors by nature.