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So the biggest gap is between angels/yc clones and VCs? It appears that there is a far bigger disparity between potential startups and angels who will fund them
by attack 18y ago
So the biggest gap is between angels/yc clones and VCs? It appears that there is a far bigger disparity between potential startups and angels who will fund them. This may be hard to grasp, depending on where you sit, but there is still a truly microscopic percentage of the workforce that gets in at the ground floor of a startup that gets funded by outside angels.
This is to say that percentages are what should be considered in measuring "ease" of getting an investment at each stage. 0.001% of groups that desire an early stage angel investment can get it, 30% of angel funded groups can get a successive intermediate investment, 50% of the groups that make it to the intermediate stage can get VC money, etc.