The new VC model: Small is beautiful (Fortune)

The 20 Worst Venture Capital Investments of All Time (Inside CRM)

Another Look at VC-Backed Busts (PE Hub)
"In all, we uncovered 4,300 VC-backed busts that raised over $63 billion in funding."

You're Out of a Job, Now What? (CFO.com)

Angels play key role in financing (The Boston Globe)

"US business angels, many of them wealthy entrepreneurs who have sold their companies, injected $11.9 billion into 24,000 ventures in the first half of this year, Jeffrey E. Sohl, director at the University of New Hampshire's Center for Venture Research, told the Northeast Regional Angel Investor Conference meeting here last week."

"In the same period, venture capital firms invested $14.5 billion in 1,822 companies, according to the MoneyTree survey sponsored by the PricewaterhouseCoopers accounting firm and the National Venture Capital Association using Thomson Financial research data."

"In fact, while angel capital fuels a variety of businesses, the largest three investment categories mirror those of traditional venture capitalists: computer software, healthcare, and biotechnology."

After Succeeding, Young Tycoons Try, Try Again (NY Times)

"He thought he would spend the time after the sale “exploring my inner self.” Instead, he spent the better part of 12 months “feeling worthless and stupid” and baffled by what he might do with the remainder of his life. He felt too young to retire or downshift a gear or two — and too restless to become a philanthropist."

“I’d run any company; it’s completely irrelevant to me,” Mr. Levchin said. “It’s really about this drive to win.”