It’s The Angels’ Time
Innovation 360
MAY 14, 2011
That was the theme a few days back at 2010 Angel Capital Association Summit in San Francisco and the title of the speech by angel investor and blogger Basil Peters , who asserted that VCs are essentially dinosaurs saddled with too-big funds at a time when entrepreneurs can create companies cheaply and quickly, sometimes over a weekend. What these start-ups need is a limited amount of outside capital provided by angel investors who know when to exit by selling to corporations hungry for dynami
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