After seeing about 20 tweets talking about 'angellist', I couldn't help but look. For a moment I thought it was yet another fallout from angelgate that I wrote about last year. It sounded like a leaked document outlining shady angel investment practices...
In reality it was not. AngelList is a craigslist-like service for startups, but with a touch of crowd sourcing. In Hollywood executive pitch, I would call it HotOrNot for startups; connecting entrepreneurs with angel investors.
That seemed straight forward, but there have been lots of tweets about what we might be losing and what we might be gaining because of AngelList. Some praised it as break-through in venture funding (as Dave McClure wrote on his 500 Startup blog) while others cautioned the indiscriminate use of it citing increasing signs of overblown hightech startup bubble (as Mark Suster wrote on TechCrunch).
Which is it? Is AngelList a boon to angel investment and startup community or a failed experiment because of decreasing signal-to-noise ratio?
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| Got Killer Idea But No Seed Money? AngelList Might Get You The Other Wing You Need... |
That seemed straight forward, but there have been lots of tweets about what we might be losing and what we might be gaining because of AngelList. Some praised it as break-through in venture funding (as Dave McClure wrote on his 500 Startup blog) while others cautioned the indiscriminate use of it citing increasing signs of overblown hightech startup bubble (as Mark Suster wrote on TechCrunch).
Which is it? Is AngelList a boon to angel investment and startup community or a failed experiment because of decreasing signal-to-noise ratio?
