Insight certainty 4/5 debate potential 4/5

Lindzon: Angel investing boom driven by passive market flows, not bubble

Howard Lindzon · 20VC: Investing Lessons From Fred Wilson & Brad Feld and Why Fundraising Is An Art & Not Everyone Can Be An Artist with Howard Lindzon Founder @ Stocktwits & Managing Partner @ Social Leverage · Oct 17, 2016 · at 5:05

Howard Lindzon, founder of StockTwits and Managing Partner at Social Leverage, explains the link between passive public market indexing and private angel market growth with Harry Stebbings.

0:00 / 0:19exact quote · 19.2s
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“This whole angel investing phenomenon is partly due to this Vanguard S&P 500 and the way the public markets are working. So people that call this a bubble I don't really understand the full scope of money and money flows and the whole ecosystem of investing, because the private markets and the public markets that I've written about for 10 years are very connected.”

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