Comments on: The VC Model is Broken, Several Perspectives http://blog.bos.genotrope.com/2008/12/06/the-vc-model-is-broken-several-perspectives/ Genotrope covers the comings and goings of start-ups in theHUB Boston and Cambridge area. Thu, 25 Feb 2010 15:00:49 +0000 http://wordpress.com/ hourly 1 By: Apolinaras Sinkevicius http://blog.bos.genotrope.com/2008/12/06/the-vc-model-is-broken-several-perspectives/#comment-681 Apolinaras Sinkevicius Mon, 08 Dec 2008 03:02:13 +0000 http://blog.bos.genotrope.com/?p=433#comment-681 The next two to three years will be the years of the Angel and Friends & Family type of investments. Startups got too drunk with VC money (read: smaller version of our financial crisis), blew it like Las Vegas whales, and now “you know what” has hit the fan. Angels and F&Fs will require more scrutiny. Angels got nowhere good to put their money… so if you are any good, they will open their valet for you. But you better be earning revenue. I really think that the rocketship model is what is broken. You have to crawl, walk, run. Start with F&F, graduate to Angel, and if you are really worth it, than VC. Just my 2 cents. Apolinaras “Apollo” Sinkevicius http://www.leanstartups.com The next two to three years will be the years of the Angel and Friends & Family type of investments.
Startups got too drunk with VC money (read: smaller version of our financial crisis), blew it like Las Vegas whales, and now “you know what” has hit the fan.
Angels and F&Fs will require more scrutiny. Angels got nowhere good to put their money… so if you are any good, they will open their valet for you. But you better be earning revenue.
I really think that the rocketship model is what is broken. You have to crawl, walk, run. Start with F&F, graduate to Angel, and if you are really worth it, than VC.

Just my 2 cents.

Apolinaras “Apollo” Sinkevicius
http://www.leanstartups.com

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