There are two types of angel investors in Silicon Valley today. The first type includes most of the “super angels,” who are trying to hold the line on $4 million valuations for early stage investments and as a group seem unwilling to move past that psychological threshold. The second group say angel investing is a hits-driven business, and the valuations are less important

The 1975 movie Monty Python and the Holy Grail has an honored place on my dusty DVD shelf, along with every other Monty Python Movie, Caddie Shack, Fletch and a variety of other movies that shaped my childhood and helped me get through many evenings in high school and college. The best line? “I don’t want to talk to you no more, you empty headed animal food trough wiper. I fart in your general direction. Your mother was a hamster and your father smelt of elderberries.” If you haven’t seen it, shame on you.

It turns out the fart in your general