The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
There simply won’t be soft-landings and acqui-hires for all of them. And because capital requirements are lower, entrepreneurs are holding onto more ownership, making it a lot easier to flip your company for less than, say, $30 million and become very rich. Angels begot quick wins that produced even more angels.
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