As I read this post in the WSJ about the changing nature of VC funding of consumer web companies, I thought that we may be looking at the symptoms and not the disease. As the WSJ notes, VC funding of consumer web and mobile companies is down 42% in this first nine months of 2012 (vs the first nine months of 2011). And the big falloff is not in seed rounds, which are still getting done, but in follow-on rounds, which are not. So what has changed in the past couple years? A lot, actually.
To read the full, original article click on this link: FRED WILSON: Here's Why VCs Have Suddenly Gone Cold On Consumer Internet - Business Insider
