A few months ago at a New York PandoMonthly, Fred Wilson predicted that the venture business as we know it today would not exist. “The idea that everybody has to put hundreds of millions of dollars…
Trish Costello‘s insight:
Fred’s prediction about the disruption of the traditional venture capital model is coming true, but Angel List is just the beginning. In many ways, its a ‘better, cheaper, faster’ approach to traditional venture capital. Keep an eye out for Portfolia, which portends a real change to the status quo.
See on pandodaily.com