Startup veterans, for the most part, move on to second careers as angel investors, from which new position they now compete with venture capitalists, often trying to engineer early-exit scenarios at lower multiples, and effectively allying themselves with the big acqui-hiring companies against the traditional VC class.
Exit polls suggest the centre-left has won a lower house majority, while early count data gave Silvio Berlusconi's centre-right the lead in the Senate.