Marc Andreesson on Venture Capital
The truth about venture capitalists, Part 3
Marc's post is the first thing I've read that really clearly explains the 'why' behind the current venture capital market. He illustrates what's happening in the context of history. Very enlightening.
Also check out Marc's other articles on venture capital:
The truth about venture capitalists, Part 1
The truth about venture capitalists, Part 2
10 Jun 2007 Matt Jaynes