Cloud computing arrived, making VC deal terms economic only as growth capital for Internet startups, leaving the early-stage field clear to angels (and bootstrapping).
Deprogramming VC & Reprogramming SWOT
Jesus, Rafer is so smart sometimes. This is the best rendering I’ve seen of a thought I’ve had for a few months.
(via giantrobotlasers)
Exactly. So now VCs trying to play in the <$1mm range have had to figure out how to scale their operations to make (and contribute value to) many more (smaller) investments than they were 10 years ago.
(via caterpillarcowboy) (via mikehudack)
Generally agree. Although people have always been the biggest expense in tech startups and the price of great programmers hasn’t gone down.
(via cdixon)
Generally agree about costs. But what if things get so cheap that you can build interesting and compelling experiences in your spare time? I’ll report back with what I’m working on in my spare time over at http://kirigin.com
