This just in...the markets got their hineys kicked again today, with the DJIA down a whopping 7.9%. Ouch. Today's bloodbath nearly erased the 11% jump on Monday. Which could beg the question if Monday's rally will be the biggest dead cat bounce ever...only time will tell.
Many of the blogs/VC websites I follow have posted or opined on "What impact will this financial crisis have on the venture capital market?" I've listed many of the posts below. The first is probably the most cheery (the first slide reads something like "R.I.P.: Good Times").
Luckily, although things might be bleak now, this could mean prices are coming in and the smart VCs will be able to buy some quality assets on the cheap. Or maybe that's must me trying to mix in some optimism with all the doom and gloom in the posts below. Enjoy!
Sequoia - "Get real or go home" http://www.docstoc.com/docs/1822343/Sequoia-Venture-Capital-Warning-to-CEOs
Promod Haque - "Stop spending" http://www.pehub.com/20098/promod-haque-to-startups-stop-spending/
Benchmark’s Advice In Wake of Financial Crisis: http://www.pehub.com/wordpress/wp-content/uploads//benchmark_september-2008-perspective.pdf
Alan Patricof Dissents http://www.pehub.com/20276/alan-patricof-dissents/
David Aronoff http://www.geekvc.com/geekvc/Blog/rss.xml
Jason Calcanis - "The startup depression" http://calacanis.com/
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