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Why I Stopped Angel Investing (And You Should Never Start)

observer.com

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Re: Why I Stopped Angel Investing (And You Should Never Start)

#3
"Which brings me back to my original point: there is so much money chasing so many good ideas, but there are very few founders who can effectively execute."

It's a good thing that "everyone calling it a bubble means it isn't a bubble" (also from TFA) because otherwise this would sound like the classic conditions for one: too much money chasing returns in suboptimal companies because there's a shortage of good ones...