I think a lot of money got thrown around too quickly and now investors are being much more wary. With TechStars NYC going on hiatus, and things like this happening, sounds like trouble ahead in NYC.

Find it more interesting though how critical of consumer products cdixon has been lately in his blog posts, and how founder collective's seed investments seem to be very b2b focused lately, and yet he's going to be dealing with mostly consumer internet it sounds like.