Discover and read the best of Twitter Threads about #venturefirms

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1/ I recently spoke to @AccelepriseSF’s 9th cohort. Topic turned to how to approach #angelinvestors for #seedrounds. I shared some of these thoughts with @TomTaulli on @Forbes, forbes.com/sites/tomtaull…
but let me expand...
2/ According to @ACAAngelCapital, every year +200k angels invest +25 billion in +71k startup deals! This has changed 3 big things: 1. how formal VC firms operate 2. Silicon Valley’s stranglehold on talent 3. How founders raise funds. Let me explain.
3/ Let’s start with VCs. Initially wary of angels as competitors, they realized that letting angels take the initial bets actually helps reduce risk, letting them focus their own bets. Win.
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