Tuesday, February 1, 2011
VC killer? SV Angel's David Lee talks about the controversial Start Fund
There has been lots of venture capital consternation over Start Fund, a new early-stage investment effort funded by�Ron Conway's SV Angel and DST boss Yuri Milner. The idea is to offer $150,000 in convertible note funding to each and every company participating in�Y Combinator, the IT startup incubator run by Paul Graham. Why the controversy? [...]
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