http://www.wired.com/techbiz/media/news/2009/03/reuters_us_g...
Sounds like competition to me. But it may also bring new opportunities for YC start-ups to be bought.
Existing VCs also have the ability to make investments in the tens of thousands. But they rarely do because that's not what they're designed for.
http://www.wired.com/techbiz/media/news/2009/03/reuters_us_g...
Sounds like competition to me. But it may also bring new opportunities for YC start-ups to be bought.