ReadWriteWeb recently teamed with TriNet to publish this white paper that examines the current startup climate. Six venture capitalists offered their takes on where things were headed. Crowdfunding received “honorable mention.” From the paper…
Conditions are starting to change in ways that promise a major turnaround in the growth prospects and exit opportunities for startups. Beginning in 2011, a confluence of factors have been creating a perfect storm, changing how startups are formed and funded:
1. The emergence of new crowdfunding sources — capital funds that are usually somewhat smaller than VC funds, pooled together through small investments via a website or social network. These new funds are making smaller amounts of seed money available, enabling the formation of larger numbers of smaller startups.
Read the entire piece below: