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Paul Graham: The New Funding Landscape: After barely changing at all for decades, the startup funding business is now in what could, at least by comparison, be called turmoil..... the previously sharp line between angels and VCs has become hopelessly blurred. .... Super-angels compete with both angels and VCs. .... most of the changes will be for the better.
To those who have been regular readers of the blogs of the major venture capitalists, this churn is not news. The fact that there has been some major churn has been talked about for months. But what people make of the churn, now that's a different story. The best minds have been overall positive with the developments. Looks like entrepreneurs now get to shop around more. There is much more early money available. And that money is not blind money. Early stage investors tend to be more hands on.
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