By now most everyone in Silicon Valley or the emerging tech sector has read Michael Arrington’s post on almost but maybe not-quite collusion amongst angel investors.
Whether or not collusion is happening or Arrington is reading too much into a private meeting of the most powerful people in the Bay Area, I’m not sure. But I do know this is a sign of maturity for the tech industry.
When I first worked in the valley, no one would have even noticed financial misdoings. Today, you have a major motion picture about a website and meetings of the power elite captured by journalists, paparazzi, and debated by not just industry insiders but the general public.