DST and Y Combinator: A (VC) Industry in Transition

This week’s debate over AngelList(background: link, link), and how VC deals are sourced and evaluated, is just further emphasis that the Venture Capital Industry is in transition. The fundamental forces driving this transition have been playing out for a while now: Lean Startups11.“Cheap revolution,” open source stacks, RoR, etc., Super Angels, a legit secondary market [...]