AngelList is working on a new project called Maiden Lane. Behind this name is a new experiment in startup investment. Structured as a traditional small VC firm, Maiden Lane will only invest in AngelList syndicates or hand some money to active angels on the platform.
It seems as though most every place that isn't actually Silicon Valley lays some claim to being the next Silicon Valley. Fair enough: Tech companies are the future, and it doesn't seem to be getting any harder to raise money to run new ones. Venture capital firms passed out more money at the beginning of this year than they have at any time since 2001, according to data released April 10, 2014 by investment researcher CB Insights. The CB data show that companies raised just under $10 billion in 880 separate deals over the first three months of this year.