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Tsunami Continues to Rip Through VC Industry. First Wave Complete, Second Wave is Approaching
Wave 1 - The rise of the Seed Accelerator and Super Angel Within the past 5 years, the cost of starting an internet company hit a floor. There is no cyclical effect here. It will not go back up. Today, all founders need to get a company off the ground is a roof over their head, food, internet access, a laptop and a whole lot of passion. That massive drop in costs has caused a tsunami, which has been ripping its way through the VC industry ever since. In it’s wake, Seed...
Published By: Bootup Labs - 5 days ago
