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Yann Le Gouic › Likes
Midget Quest: Wall Street Bull Blue Balls - http://midgetquest.blogspot.com/2008...
Yann Le Gouic, WiseYoda (aka Patrick), Roberto Bonini and 2 other people liked this
Someone painted the wall street Bull's Balls Blue
- dave mcclure
from Bookmarklet
To coin a phrase: it took balls to do that.
- Roberto Bonini
@Roberto: ba-da-bing! nice ;)
- dave mcclure
How start-ups can navigate through the falling dominoes of the economic crisis - http://venturebeat.com/2008...
Atul Arora, Yann Le Gouic, Warren and 3 other people liked this
"This week, we’ve seen one of the biggest dominoes topple in the annals of financial history. It was triggered by the failure of Congress to cut a bailout deal and the resulting collapse in the stock market. The Dow fell 7 percent in its worst day in a decade and the tech-heavy Nasdaq fell 9 percent. Today, the stock markets recovered. But the blow to investor confidence has been registered. Comparisons to the Great Depression are plentiful. I think we can assume that even if a bailout bill gets passed, the economy is going to be hurting for some time. Given that, we can make some predictions about what’s in store for tech companies and VCs."
- MG Siegler
from Bookmarklet
There is going to be a very shallow and competitive pool of VC funds available, which will undoubtedly force startups to come up with more cash on their own. My concern is that this will affect our country's ability to remain a leader on the cutting edge of the technology sector, which we need for a strong economy
- Susan Beebe
Australia's economy is dual-homed to both the US and Chinese markets, so there's plenty of Chinese cash still flowing in on the back of the resources boom. I'd be surprised if VCs aren't looking for somewhere outside of the Valley to set up shop and ride out the storm. Aus is a fairly obvious choice in my mind, it has strong biotech, green energy and IT credentials and our govt just released a major report which identified attracting one or more US VC firms as a key goal for boosting local innovation.
- Warren
I don't believe there is going to be a great depression, and I think there is good to be found in this, just as there is always a silver lining when you are willing to see it. For one thing, coders who are wasting their time, talent and money on failed enterprises can move on to more promising ventures that might actually go somewhere. Given the shortage of capable people, I think that's a very good thing that will ultimately help everybody.
- Dawn
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