The biggest news over the weekend for me, besides the developing story about the Google-YouTube deal (now looking like it wasn’t just a rumor!), was definitely this one in Saturday’s New York Times: A Kink in Venture Capital’s Gold Chain. Goldeneggbroken Turns out Sevin Rosen, with a 30-year history in the venture capital business, is throwing in the towel on its latest fund and declaring the VC model is broken.

Fred Wilson — who writes the blog “A VC” — provided some further perspective on this news in his post on Saturday: Is The ‘Traditional Venture Capital Model’ Broken?.

All of this is actually a great preamble to my next post, which is about how another breed of early-stage investing is lately coming into its own: angel networks. I’ve been trying to get this one written and now it’s almost done — and the timing as relates the above news turns out to be propitious. Stand by….

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