Remember that 4M$ valuation line that lead to Angelgate? <a href="http://techcrunch.com/2010/10/05/the-4-million-line/" rel="nofollow">http://techcrunch.com/2010/10/05/the-4-million-line/</a><p>Either angels have learned how to make money on higher valuations or we will see a lot of losses in angel investments.