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SAN FRANCISCO (Reuters) - Venture capitalist Bill Gurley has noticed something new this autumn: a big jump in the number of what he calls "legitimate introductions" that he receives each day to entrepreneurs who hope he might invest in their start-up companies.

The money-seekers are companies that have benefited from a tidal wave of early-stage investing in start-ups and who now need funding from mainline VC firm's such as Gurley's Benchmark Capital to take them to the next level. But many companies, even some that have done fairly well in their initial phase, are finding it increasingly difficult to

To read the full, original article click on this link: Analysis: Too many start-ups chase too little cash | Business | Reuters