NYT on open-source startup venture capital
The New York Times talks about who gets funding and who doesn’t among the latest generation of Silicon Valley startups:
“I know of open-source deals being funded almost automatically right now,” he said. Many venture capitalists, he added, are convinced that the open-source phenomenon represents a fundamental shift in the software market, “so they want to have a play there.” That’s what happens, Mr. Sturiale added, echoing others, when there are too many venture capitalists pursing a small pool of ideas.