Here's a thought-provoking article on how companies can reinvent themselves during the economic downturn:
http://sandhill.com/opinion/editorial.php?id=226Cheers,
Don Jones
VentureDeal
Here's an upbeat piece on looking forward rather than backward:
http://www.pehub.com/31914/entrepreneurial-class-warfare/Cheers,
Don Jones
VentureDeal
Here's a great article on taking proactive steps in the currently highly uncertain economic environment:
How Companies Can Seize OpportunityCheers,
Don Jones
VentureDeal
Much is being written now about the effects of the financial crisis on venture capital investment on new technology startups.
I subscribe to the following view: the amount of money that flows into the venture capital world will continue to be sharply reduced - on the order of 40% or more from peak investment levels. This is due to the tremendous investment losses at large pension funds and university endowments that are the main funders of VCs. Still, that leaves venture capital investing at a $20 billion dollar per year run rate.
As a result of this more constricted funding environment, it will be more difficult for entrepreneurs seeking funding to find it - so it just makes it that much more important for entrepreneurs to do their research in pursuing the "right" venture capital firms and partners who are most likely to fund their opportunity.
So in a sense, it is a short-term/medium term challenge, but a long-term opportunity. Many of the greatest startup companies have been founded during economic downturns.
Cheers,
Don Jones
VentureDeal