Really interesting read at The Economist. I wish I could credit a writer, but there’s no byline… odd.
For the first time since 2000, internet and technology entrepreneurs can raise seed capital with little more than a half-formed idea and a dozen PowerPoint slides. “There is probably a bubble in the number of start-ups,” says Alan Patricof, a venture capitalist, though he is not yet convinced that there is irrational exuberance in later-stage valuations.
Weellll the Economist is known for publishing their contributors anonymously.