What else is new. Everything is dropping, being laid off or obsolete. But what really brightened my day yesterday was seeing Warren Buffet's comments on an interview. He said "be fearful when everyone is greedy, and be greedy when everyone is fearful"... that's why he says this is a great time to buy real estate and stocks. And that he's been doing. He's been right so far in 1974, 1979, and 1999.
Norman Peterson
· 1 year ago
I attended the Bend Venture Conference (www.bendvc.com/) this weekend , with the keynote speaker being Rich Karlgaard, publisher of Forbes. It is definitely an interesting time to attend a venture conference. Rich discussed the current crises and did a great job of exposing how people are being overly pessimistic, but he was not too optimistic either. One key thing that stuck out from both the keynote and the companies that presented is that this may actually be a great time for innovative companies to thrive, as larger companies struggle to figure out how to stay the course, smaller companies with low overhead and innovative ideas will have a chance to grow.
herbal remedy
· 1 year ago
Clearly, the current economic crisis is already impacting the venture industry, which has traditionally been relatively insulated from fluctuations in the broader economy. With the IPO market likely to be shut down for some time, venture capitalists are pulling back on investments in technology companies as well as in areas like business and financial services and media, content and information that are likely to suffer from a decline in advertising and enterprise spending.
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Michael Kassing
MarkTend.com
http://marktend.com
With the IPO market likely to be shut down for some time, venture capitalists are pulling back on investments in technology companies as well as in areas like business and financial services and media, content and information that are likely to suffer from a decline in advertising and enterprise spending.
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