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Robert Scoble: The secret hell of tech industry angel investors: when the story broke, I thought it was just Mike being bombastic and trying to make something out of a dinner that he wasn’t invited to..... Mike stumbled into a story that has a ton of undercurrents. ..... The angel investor world is getting HYPER competitive .... Entrepreneurs are seeing access to lots of capital. ..... 10 people just are not going to have enough market power to do anything really naughty although it’s good to nip this problem in the bud, which is why I now support Arrington’s stance.
The early stage
investment world is seeing major churn, but I would like a much larger geographical spread, not just on the continent, but
globally. It will happen.
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