“The difference between a ‘super angel’ and a VC is like making love with a lover versus making love with the government.”
That was angel investor Yossi Vardi describing what he sees as the difference between the so-called “super angels” and traditional venture capitalists. “The angels are much more accommodating to the founders,” is how he clarified that a bit.
This was the main topic of… → Read More
Today at our TechCrunch Disrupt conference in San Francisco, there was probably one panel above all others that everyone was waiting for: Super Angels To Super VCs. The reason, of course, is that last week the situation known as “AngelGate” broke out. It started with Mike walking into a closed-door meeting at a bar. And it ended with heated emails being published. We said Disrupt would not be… → Read More
As we just stated in our previous post, there was clearly an email sent by angel investor Ron Conway to a group of super angels who were likely involved in the Bin 38 “AngelGate” meeting that Mike stumbled into a couple days ago. We’ve now received a copy of the email that Conway sent from an anonymous tipster. And we’ve confirmed it is authentic from one of the recipients.
It’s a bombshell. No… → Read More
On the surface, it seemed like the situation that has come to be known as AngelGate was dying down. Since we broke the news about the secret meetings between angel investors where they supposedly agree to agree on things, a lot has been said on both sides. Mike said what he knew, and one of the angel investors present at the meeting he crashed, Dave McClure, came out in opposition to the… → Read More
Here in Europe we’ve been fascinated by what has become known as AngelGate. But after talking all day to many contacts today across the tech scene in Europe, I’ve reluctantly come to the conclusion that I’m not about to blow the lid on anything similar in Europe. Leave aside the arguments about what happened at Bin 38, and taking on the hypothetical situation that “Super Angels” (and there are… → Read More
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