The Equity Kicker - Latest Comments in We live in difficult times - but keep your eyes on the prize

Re: We live in difficult times - but keep your eyes on the prize

Mukund Mohan — Thu, 09 Oct 2008 12:44:20 -0000

Its a great time to build a differentiated offering that wont have 10000 other clones.

Re: We live in difficult times - but keep your eyes on the prize

Taylor Davidson — Thu, 09 Oct 2008 12:18:37 -0000

Less opportunity for the mediocre to ride the bubble, but just as much opportunity for the great. The fact remains that startups are created to solve problems and problems still exist during recessions: in fact economic turbulence creates a multitude of problems to be addressed.

Re: We live in difficult times - but keep your eyes on the prize

nic — Thu, 09 Oct 2008 11:57:33 -0000

I agree Scott.

Re: We live in difficult times - but keep your eyes on the prize

Scott — Thu, 09 Oct 2008 11:24:58 -0000

Hi Nic - I'd actually be a little affronted if a VC called me in to point out that I may need to cut costs during the economic meltdown and then follow that up with direction on how to do so. Surely, you'd hope to invest in a team that can see this and do it for themselves?

Re: We live in difficult times - but keep your eyes on the prize

gregorylent — Thu, 09 Oct 2008 10:49:33 -0000

the times are fine, the cumulative reactions of humans is the problem

Re: We live in difficult times - but keep your eyes on the prize

Sokratis — Thu, 09 Oct 2008 09:02:32 -0000

Well at least we startups don't have billions of debt or a stock price to worry about ;-)
And the big guys that will fall during this tough period will leave plenty of space for 'us'. The question of course, is which one of us.
To add to the scenario mix, this is what Mr Roubini has to say about how much worst things can get in the coming weeks.
http://www.cfr.org/publication/17457/steps_to_h...