[Angellist] raised $24 million from 116 investors, including Google Ventures, Kleiner Perkins Caufield & Byers and Draper Fisher Jurvetson, as well as prominent angels such as Yuri Milner, Mitch Kapor and Max Levchin.There's a good chance that after over 50 years of evolution, the VC industry will go through a consolidation. Angellist can help streamline startup-related services, from hiring to financing, reference checking, etc. If they are successful, they'll have in their possession a business graph of Silicon Valley entrepreneurial community - an invaluable tool for investors, recruiters, corporate technology buyers, and social scientists. Theoretically, one could determine emerging innovation patterns based the flow of money and people into certain technology directions.
Wednesday, October 09, 2013
Silicon Valley majors back Angellist, a marketplace for startups.
According to Bloomberg (Sept 23, 2013),