Yes, The Angel Financing Market Is A Massive Bubble -- So Raise As Much Money As You Can!

THE TROUBLE WITH BUBBLES

The bubble is back, baby!

Yes!

Let’s raise lots of money…Aeron chairs for everyone!

Oh wait, I’m angel investing now...higher valuations means I get a smaller percentage!

Boooooo!

Bubbles are bad!

Bad bubble, bad bubble!

If you read the blogs, you’ve been hearing intelligent venture capitalists like Fred Wilson and Bill Gurley lament the bubbly conditions they’re facing.