The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
This time around, there has been an explosion at the early stages, and the very late pre-IPO growth 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.
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