Best Reading of the Day - Entry 0124 Startup Funding Changes

The world of start-ups is changing.  What once was more than acceptable is now amateur hour to the new world of venture capital that has risen dramatically with the new mobile internet age.

http://techcrunch.com/2014/06/04/series-a-is-the-new-series-b/

Here is a snippet from that piece:

When I moved to Silicon Valley over a decade ago, I thought “venture” meant looking for smart people with great ideas. I’ve learned that’s not true; they’re looking for smart people with great ideas who are “killing it.” That last bit is a fundamental change and has made modern-day Series A rounds effectively the Series B rounds of the past.

Happy Reading,

J.W. Gant