Monday, September 13, 2010

The Fundingpocalypse: Your Mom Wants To Angel Invest!

You know how your mom or great uncle with the car dealership really wanted to buy Yahoo! stock in 2000 so they could "get in on this thing called the Internet all the kids are talking about"?  You know how that marked the height of a funding bubble?

I spoke over the weekend with an angel I know.  He has been getting random phone calls from people who "want to learn to angel invest".  These are people who have never started a company or worked at a startup (well, maybe Google when it was a few thousand people).  They seem to have no real interest in company formation other then they know a bunch of people talking about how great it is to be an angel.

I think it is a clear sign of the fundingpocalypse.  Yes folks, there is an early stage funding frenzy right now.

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