3) Certain stages of venture valuations do seem on average over-valued, in particular seed-stage valuations and (less obviously) later-stage “momentum valuations.” But many investors I know are moving from seed to Series A precisely because they agree with this claim. 5) No one can predict macro trends. MORE >>

As a general partner with Los Angeles-based GRP Partners, he sits on the boards of Ad.ly , Awe.sm , Burstly , DataSift , GumGum , Maker Studios, Ring Revenue , and textPlus. Dave McClure: @davemcclure McClure is the founder of 500 Startups, which provides early-stage companies with funding ranging from $10,000 to $250,000 seed investments. MORE >>

As a seed-stage investor, First Round Capital typically funds powerpoints.    Not only are the majority of our investments pre-revenue, most of the time we are investing in pre-launch companies.     The Team.   It doesn't matter where the missile is aimed pre-launch.   Market. MORE >>

Of the four new deals mentioned above, two of them are seed stage investments in pre-product companies. One are seed deals. To ATA a seed deal is a $100k or less round into a large well supported market, with a clear understanding of competitive advantage, a preliminary business model, and a team. Last night close to 50. MORE >>

Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation. Long before others, they saw that these applications could have hundreds of millions of users with “off the chart&# revenue and profits. No, no!?. MORE >>