“Power law returns” “‘Rich-get-richer’ competitive dynamics” Startup culture is replete with catchphrases — like the two above — that hint at the intense competitive and economic pressures at work just below the shiny, idealistic surface. This isn’t news to anyone who’s been a founder or funder of a venture-backed business; the venture capital marketplace operates continue…

I’ve written about this before (see “Beware of ‘Angels’ with Sticky Fingers“) but I just had a fresh run-in with this class of investor and wanted to share the (anonymized) story in case others find themselves in a similar situation. The new twist on the story looks like this: An “influential” angel writes a small continue…

GigaOm broke the story this morning so I’m just piling on, but I wanted to share a little backstory on our latest Founders’ Co-op investment — Meldium –because it’s a great example of how we think and work here. Last April I wrote a post (in the spirit of Paul Graham/YC’s periodic “request for startups“) continue…

I mentioned this in passing a few weeks ago but given their progress / momentum since then I thought it was worth hitting head-on. Good decisions are powered by good data and few decision markets have been more opaque than the one for early-stage company financing. Angellist has made a strong recent bid as the continue…