Everything just changed in the angel investing world. Two years ago
Yuri Milner, through his investment firm
DST, disrupted the traditional Silicon Valley venture capital model when he began investing in the hottest startups - companies like Facebook, Zynga and Groupon - at very high valuations and extremely easy deal terms. He looks brilliant in hindsight, with all of his U.S. investments at significantly higher valuations since he invested. Most top VC firms have begun emulating DST's deal structure. Now he's partnering (as an individual, not as part of DST) with
Ron Conway's angel fund,
SV Angel. And they're making a bold investment move. This evening they've just made a blanket investment offer to every
Y Combinator startup in the most recent batch. They're going to invest in all of them. Every single one. And this is the biggest Y Combinator class to date - some 40 new startups.
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