Something about the availability of money for entrepreneurs feels like a bubble, but I suspect that it is not. I've been on both the receiving side and investing side since 1999 and the pace of change in terms of increased availability of money from angels is just weird. I suspect it is not a bubble though and rather it is the early stage of complete disruption of power in the investing community. And of course disruption = opportunity, so as angels we should be investing more right now, not less.