The New Funding Landscape
Angel investing is kind of a fad right now. Everyone's doing it. My gut instinct is that it's at least a mini bubble. In 3-5 years a lot of angels are going to be unhappy about negative returns, the stock market is going to be looking stronger, and they'll shift their money back to stocks and bonds.<p>Surely this huge influx of angel investors has contributed to the much higher valuations early stage startups have been exacting in recent months. When many of these new angel investors wind up losing money and angel investing is no longer the cool thing to do, those sky high valuations will probably return to normalcy.<p>These are just my personal predictions, and I could be completely wrong. During his talk, pg said he'd wondered if we might be seeing a bubble and decided that we're not. Who knows? Either way, I think that we, as entrepreneurs, should take advantage of the current situation.