A few years ago sure, but 2016 has been pretty brutal for seed and series A. I imagine a small percentage of great companies will lose out as a result of a cold funding climate.
Seed is roughly the same as it's always been. Even if a lot of VC firms are retrenching, there are still tons of angel investors and seed funds out there casting wide nets.
20 minutes? I thought they got an order of magnitude less time. Regardless yeah it's probably a sign of an issue but with the current climate I don't think that necessarily has to be true.
Yeah I read your comment wrong and that it was more like "if you can't get an investor to talk to you after your 20 minute demo...". I was probably lacking coffee that day.