Venture Capital is evolving along with the web. Digitally distributed technologies are cheaper and take less time to create, which stresses traditional venture capital models. There are number of firms addressing these problems, but as with any paradigm shift, the incumbents don't always see eye-to-eye with the trail blazers.
Questions Answered:
What is a Startup Accelerator?
Is the VC model for digitally distributed technology broken?
When should I take money?
When I pitch an investor, what should I say?
What's the difference between money from a VC, Angel, Incubator/Accelerator