Charges that a group of angel investors tried to control valuations on new companies could be true. But the chances of succeeding are nearly nil. There’s simply too much venture capital chasing the same startups, which are getting cheaper to run.
Continue reading AngelGate or Not, Controlling the Market in Hot Startups Is Impossible
AngelGate or Not, Controlling the Market in Hot Startups Is Impossible originally appeared on DailyFinance on Fri, 24 Sep 2010 09:50:00.