What's most interesting to me is that traditional VC is being squeezed from both sides. We're seeing earlier IPOs (I get the impression the Series D has more or less disappeared) and at the same time we've been seeing larger angel/seed rounds that could have passed for a Series A in older times.
Could we eventually be heading for a world where companies go straight from angel/seed funding to IPO?
Could we eventually be heading for a world where companies go straight from angel/seed funding to IPO?