Angel Investors as The New Rock Stars
In Monday's email, I wrote the following: "Smaller VC funds are in vogue right now anyway, as seed-stage investors have become the new rock stars. Traditional VCs have become adult contemporary." The line was in reference to a larger argument about the potential consequences of changing carried interest tax treatment, but has generated a bit of independent discussion. It was used to introduce a panel at Angel Bootcamp earlier this week, was tweeted up by angels and has generated some VC teeth-nashing via email. So it seems to be worth unpacking a bit more:
3 June 2010•3 mins read
