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Battening Down The Hatches

4 点作者 mchang16大约 17 年前

1 comment

bootload大约 17 年前
<i>"Companies that are built on having lots of users but no real revenues won’t last. That all changes with the downturn”</i><p>I like this quote. Notice the sudden change in the vc funding market. The barriers to entry have gone up a bit due to the credit squeeze. Now risk has a different price. It's interesting to see how this cycle repeating. Now all those funded companies that don't convert users into dollar making users are going to get squeezed.