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Image representing Paul Graham as depicted in ...I have been reading about the changing landscape of how technology companies get their initial outside funding after friends and family have chipped in. Seed or early stage investing, as it is referred to by entrepreneurs, angels, VCs and their investors (limited partners) is a critical part of the technology innovation and funding ecosystem because it has historically been the only consistent source of returns for the industry. This is where angels and VCs make their money and why so much has been written about the subject over the past 6 months.Paul Kedrosky started the discussion with "The Coming Super-Seed Crash" in which he argued that a crash was inevitable as a result of too many companies getting funded by too many angels and third string VCs at skyrocketing valuations.

To read the full, original article click on this link: The Age of the Entrepreneur - Fortune Tech

Author: JS Cournoyer