Oh dear God, no! Hard times ahead for SV.
mattijs | October 9, 2008Gigaom.com is reporting a somewhat secretive meeting arranged by Sequoia Capital, one of the larger Venture firms in Silicon Valley. Apparently, the world’s greatest “innovators” are, bit by bit, getting used to the idea that, after all, Silicon Valley and its ridiculous me-too-get-rich-quick innovative mentality are not save in their bubble.
Face it: you’re gonna be dealing with the storm of the century just like everybody else! But seriously, if you’re running a business and you need your investors to tell you to buckle up and cut down as many costs as possible because hard times are ahead, you’re a moron and you should get out asap…