Re:Could VC be a Casualty of the Recession?
by shafqat on Friday December 05, 2008 @04:21PM
(#387541)
Agree 100%. Although we were talking to some of the VCs in your 2nd bucket, we ended up going with #1. Our seed round is entirely angel funded, with one institutional player (#3 type) making an exceptional angel investment.
Excluding YC and the likes, I would have thought, by now, a lot of startups would want to raise money from angels that have formerly started startups -- there are tons of them around. That would be the #1 choice.
#2 choice would be the Founders Fund, Union Square Ventures, First Round Capital, Atomico, Ambient Sound Investments and the like.
Failing these, the #3 would be the Sequoia's, KPCB, Khosla Ventures, Benchmark, Accel's, Menlo's of the world.
What do folks on HN think?