User name:
Password:
Register now |  Forgot your password?  
Friday, November 21st, 2008
articles.php?which=QuoteOfTheDayStart-UpsYoureNotScrewed
Quote Of The Day: "Start-Ups: You're Not Screwed"

Kevin Ryan, the head of Silicon Alley Media, and the former CEO of DoubleClick weighed in this week on their blog about how he thinks the down economy will affect entrepreneurs. He makes a good point:

"Will there be less money available for startups? I have met with 5 firms in the past 2 weeks, and I am not sensing any change in attitude from experienced Series A investors. If you have a 10 person internet company looking for VC money and an investor says he is nervous about the markets, than he is either blowing you off or doesn't know what he is doing. Your company won't hit its stride or profits until 2010 at the earliest—NO-ONE has any idea what 2010 will look like but the odds are we will emerge from any 2008-09 problems by then."

You must be registered
and signed in to leave comments.

Have the first word.