Editor?s Note: Guest contributor and early TechCrunch writer Steve Poland (@popo) currently is exploring raising a fund to join the "overcrowded" early stage investment market. His last contribution was The New Early-Adopter Addiction: Turntable. Last week at David Kirkpatrick's
Techonomy conference,
Sean Parker said "Little startups are ridiculously overfunded. The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups.? VC Jim Breyer added, "And it will end very badly."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/hS6DL1cWPYs/
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