Is Consumer Internet Back?

New Consumer Internet A rounds are happening quickly as investors earnestly search for the next Pinterest, Wanelo, Snapchat, or WhatsApp to invest in. In just the last month, Sulia raised a $10 million Series A, and RebelMouse raised a $10 million Series A. And that is DURING THE SUMMER! Can Upworthy’s $10 million Series A be far behind, now that they have more than 10 million monthly uniques? Because of the nuclear winter created by the past year of Series A crunch, there are only a few Consumer Internet post-seed startups alive and available to invest in at Series A valuations in 2013. Awesome, unfunded Consumer Internet companies such as Reddit and Imgur will have many choices if they want. Small supply with increasing demand means higher valuations. That’s okay: Series A investors will still make a lot of money, because some of these new startups will be worth billions. To the “A” round go the spoils.

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