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by rdl
5178 days ago
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There should be a high bar for competence and business value to raise (large amounts of) money, but a lot of the ways the investment process is hard have nothing to do with that -- and things like YC, angels, angellist, etc. are addressing those inefficiencies. If I were an angel in Montana, having access to the best deals globally would be a lot more attractive than trying to get into all 3 tech startups in Montana in a given decade. It's a lot easier to interact with businesses and founders online, and then to make an investment, than it used to be. |
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