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What We Are Seeing – Are New Angels In For A Rude Awakening

October 13, 2011 /

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The Wall Street Journal has a story out today that says "Web Startups Hit Cash Crunch." http://online.wsj.com/article_email/SB10001424052970204450804576625043573078086-lMyQjAxMTAxMDEwMjExNDIyWj.html There has been a fair bit of reaction in the tech blogs and I thought I’d toss into the discussion some things we are seeing:

Fred Wilson

Full Story: http://www.businessinsider.com/what-we-are-seeing-2011-10

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Fred Wilson Explains Why Most New Angel Investors Are About To Get A Seriously Rude Awakening

Fred Wilson of Union Square Venture partners has the smartest take we’ve read so far, which is that the only reason there’s a "crunch" is that there are now just a mind-boggling number of startups competing for a finite number of users and a finite amount of cash.

Henry Blodget

http://www.businessinsider.com/fred-wilson-startup-cash-crunch-2011-10

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