SecondMarket made its name – and a lot of its money – as a forum for pre-IPO Facebook shares. Now, it’s betting on Bitcoin and other exotic investments to reclaim mojo; but its best opportunity may be as a service provider to a growing ranks of angel investors.
Venture capitalists are feeling increasingly bullish despite all the bubble talk, according to a new survey from industry analysts at Fenwick & West. Meanwhile, angel investors continue to make their way up the food chain as internet and software companies become ever easier to invest in.
Airbnb has added Ashton Kutcher — comedic heartthrob, coveted angel investor and Twitter-master extraordinaire — to its team of investors, the San Francisco based startup announced in its blog this evening.
At a panel on angel funding, several prominent VCs seemed to agree that early-stage investing is more art than science. But they had very different approaches to what they looked for in startups: anything from a lean executive team to just the tiniest bit of cash.
Angel investors are committing fewer dollars but spreading them out over more deals as they hunker down and look for exits, according to a new study, which found that total investments in the first half of 2010 fell 6.5 percent to $8.5 billion.
There’s lots of motion in the ocean in the early-stage investing world. TechCrunch has a write-up on the companies that presented at Y Combinator’s demo day yesterday. I had several of my own thoughts as a startup founder.
The frothy state of web angel investing has changed the early lives of many companies in the past year, but it’s not clear how much staying power today’s leading class of “super-angel” investors will have. Is this a lasting new class of investors or not?
A long list of investors putting money in a jumbo-seed round earlier than ever is not uncommon these days. It’s not that there’s too few investments driving up demand; to the contrary, there are many young companies taking lots of money from lots of investors.
When I think Y Combinator, I think a couple of scrappy college dropout co-founders for whom ramen is more than proverbial and coding is life. They pitch an idea, come out to California, drink in some startupy goodness and maybe make something of it. Not anymore.