According to TechCrunch, the startup “gold rush” is over.
Pretty funny stuff. As if there ever actually was a “real” gold rush, in the sense that anyone could just show up, buy some equipment and start panning for gold. The startup media going on and on about how easy it was to get money – how founders with a little more than an idea on a napkin would be able to get $2m to finance a sketchy idea.