Yeah … thats what is being reported in the Freep. I haven’t looked at the latest moneytree numbers from PWC, but from what the author reports,
Yup. You got it. And more to the point, all of the “big winners” here … are already funded companies.
That is, new company formation, with a VC/Angel assist, is not happening at a pace worthy of mentioning. Specifically
I think they call this … the long tail.