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by jmitcheson 5162 days ago
I think they probably should be. Kickstarter may not fund all types of projects but Kickstarter is only the beginning. The world works on trends right? Put all these things together and look forward 2-3 years:

AngelList

Kickstarter

JOBS Act

Software boom

Open hardware innovations (Arduino, Raspberry Pi, Open 3rd printers, etc.)

I'm not really certain that things at the VC level would be a whole lot different but I would sure be worried if I was an angel or earlier. Pretty soon, we'll be far less dependent on them than they are used to. If you ask me seed stage may have so many options that they'll have to reverse-pitch ;)