[RTC List] Could VC be a Casualty of the Recession?

[John Hauser]

sorry for forgetting to include the original link...

http://www.paulgraham.com/divergence.html

On Sat, Dec 6, 2008 at 9:44 AM, John Hauser <jhauser at pobox.com> wrote:

> I came across an interesting essay from Paul Graham about how the
> circumstances surrounding funding a startup have changed in the past 10
> years.
>
> "VCs and founders are like two components that used to be bolted together.
> Around 2000 the bolt was removed. Because the components have so far been
> subjected to the same forces, they still seem to be joined together, but
> really one is just resting on the other. A sharp impact would make them fly
> apart. And the present recession could be that impact."
>
> It's a refreshing read, especially compared to the doomsday Powerpoint deck
> "Get Real or Go Home" from Sequoia making the rounds a couple of months
> ago...
>
> <
> http://www.techcrunch.com/2008/10/10/sequoia-capitals-56-slide-powerpoint-presentation-of-doom/
> >
>
>
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