The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
Meanwhile, the rash of early liquidity and recent IPOs — unsatisfying as they were — gave liquidity to thousands of employees at large companies, and a subset of those made very real money. Who wants to go to Belize with me? Angels begot quick wins that produced even more angels. They don’t have to worry.
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