Thought: As small angel funds sprout up & ingest non-industry capital or first-time LPs outside tech, could be "bubbly" w/ a little "b."
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Replying to @pmarca
@pmarca@davemcclure I know a few competitors of A16Z investments who are probably in that 3+ category. They dry their tears on money.2 replies 2 retweets 7 likes
@pmarca @davemcclure Roughly representative fictionalized numbers: $8 million SaaS rev, 10% yearly growth, 10 employees != "Damn we failed."
2:42 AM - 17 Feb 2014
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