Comments on: More details on Sequoia’s economic “inconvenient truth” meeting

By: edhardy622

edhardy622 — Wed, 14 Oct 2009 10:08:52 +0000

British law student sues Abercrombie-Fitch for disability discrimination.
http://www.abercrombieshop.us

By: Jim Coughlin

Jim Coughlin — Sat, 11 Oct 2008 04:40:03 +0000

Over the long term there will be recovery – although – over the long term we'll also all be dead.

“Hunker Down” is what I get from all this.

By: Second Life

Second Life — Fri, 10 Oct 2008 23:51:04 +0000

Funny: “don't continue to waste our money, please!” Isn't this what a startup should do to survive in any market? Probably evidence that Sequioa is investing heavily in Web 2.0 et al which is predicated on an inflated (bubble) vision of the total value of internet advertising.

By: Allan

Allan — Fri, 10 Oct 2008 20:49:58 +0000

Dave – Tell me about it – anyone who can predict that with any level of confidence shouldn't be in venture capital. He should be running a hedge fund and leveraging the hell out of that prediction.

The smartest guys always say the don't know what will happen next so assume for the worst and be adaptive.

By: Allan

Allan — Fri, 10 Oct 2008 20:42:38 +0000

Michael,

I like where you're going with MarkTend. Could you please get in touch with me at allan [at] allantyoung [dot] com?

By: The Sequoia “RIP: Good Times” presentation: Here it is » VentureBeat

Fri, 10 Oct 2008 15:06:59 +0000

[...] Silicon Valley has been trying to digest news of a secret meeting held by top venture firm Sequoia Capital earlier this week. At the meeting, top Sequoia partners laid out bleak short and long-term scenarios for the world economy — and strong medicine for the firm’s portfolio companies. [...]

By: Engago team

Engago team — Fri, 10 Oct 2008 14:13:11 +0000

The financial power of the world will move from US to Asia (India, China) and Middle East?
Like it happened in 1873 during a similar depression caused by housing in Europe, then financial power shifted from Europe to US.
The crisis of 1873 http://tinyurl.com/3el9oz
More info on Wikipedia

By: davemc500hats

davemc500hats — Fri, 10 Oct 2008 11:30:05 +0000

seriously, who the fuck can predict 5 years ahead, much less 15?

while i won't second-guess Sequoia's take on the future, anyone who claims they have the inside track on the next "15-year downward cycle" has their head up their ass.

sorry, i don't buy it.

conserve cash? -- sure.
find a business model? -- you bet.
plan for negative outcomes over the next 15 years? -- write a friggin' Tom Clancy screenplay.

By: Seqouia raises red flag at JatSpeak

Seqouia raises red flag at JatSpeak — Fri, 10 Oct 2008 11:06:10 +0000

[...] More details on Sequoia’s economic “inconvenient truth” meeting [...]

By: Michael Kassing

Michael Kassing — Fri, 10 Oct 2008 10:07:22 +0000

Oh my God! I did not know the warning was THAT bad.

I really have to say that MarkTend is in the middle of a public launch and we designed to do everything that they are telling startups to do. It just makes good business sense to limit your startup funds and focus on delivering value. Sure it would be easier to have a huge marketing budget but would come at a detriment to the core of the business. A company that gets use to having unlimited funds can never retract (look at the State and Federal governments). When you start small you remember your roots.

Here is to the bootstrapers that deliver value and solve pain.

Michael Kassing
MarkTend.com

By: Eric Eldon

Eric Eldon — Fri, 10 Oct 2008 09:55:34 +0000

Stephen, a lot of economists agree with Upin's assessment. I'll be writing more on that, soon.

By: Margaret Mountains

Margaret Mountains — Fri, 10 Oct 2008 09:52:41 +0000

Eric Upin. What a dipshit. Sequoia is so emotional, I'm blushing.

By: Abbey

Abbey — Fri, 10 Oct 2008 09:15:29 +0000

Stephen, get a grip.

By: Stephen

Stephen — Fri, 10 Oct 2008 07:59:52 +0000

Eric Upin, Partner, Sequoia Capital said (based on venture post)

…….”This could be at least a 15-year downward cycle………….

COMPLETELY IRRESPONSIBLE!!! There are a shit load of people around the globe trying to figure out what is going to happen tomorrow; and this guy is calling for a 15 downward trend. I'll say it again. Sequoia should not charge any management fees since they are predicting a limited environment for investing.

By: The prediction market companies and the economic crisis | Midas Oracle .ORG

The prediction market companies and the economic crisis | Midas Oracle .ORG — Fri, 10 Oct 2008 07:20:31 +0000

[...] The prediction market companies should prepare for the upcoming economic [...]