New York gets another super angel as Josh Kushner announces his new fund

As the New York tech scene has flourished in the past few years, a number of so-called ‘super angel’ funds have been formed to fund the city’s fledgling startups. Now another angel is ready to spread his wings with Josh Kushner announcing his new $10 million seed fund Thrive Capital.

Super angel Dave McClure admits he was at secret dinner, denies collusion

Dave McClure, a “super angel” and founder of the seed stage startup fund 500 Startups, has writtten a profanity-ladened post in which he admits he was at a secret dinner that Techcrunch editor Mike Arrington barged in on. But McClure denied Arrington’s allegations that there was any collusion among the angels to hold startup valuations down.