Fred Wilson’s predictions for AngelList come true
A few months ago at a New York PandoMonthly, Fred Wilson predicted that the venture business as we know it today would not exist. “The idea that everybody has to put hundreds of millions of dollars into these ten year closed end funds seems unsustainable,” Wilson said. To elaborate, he imagined how AngelList — the site where angel investors and startups seeking funding can network — might work in the future.
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