Q&A with SearchMe’s Randy Adams, on making cuts and surviving

Earlier today, we reported that visual search engine startup SearchMe had laid off 20 percent of its workforce. Lots of startups are laying off workers this week, but SearchMe is led by long-time Valley veteran Randy Adams. He survived the bursting of the last tech bubble, so he wasn’t just responding to general sentiments of fear, but to his own past experiences.

Adams has done everything from helping Yahoo to secure its initial backing from Sequoia Capital, to serving as director of engineering at Adobe, to founding successful startups like Internet Shopping Network, AuctionDrop, Inc., and Navitel Communications. More details on Crunchbase.

I asked Adams a couple questions today about layoffs and surviving downturns. Here are his responses:

VB: How is this downturn different than the last one for startups?

RA: In the last downturn, there was a sense of invincibility that was pervasive in the Valley. Many inexperienced people didn’t want to believe that their companies could be affected and they over time learned that they were wrong. The greatest difference for startups this time is that they have the opportunity to quickly assess the state of the economy and respond by being fiscally prudent, even if that means making difficult decisions. I predict that many more companies will come through this downturn because executives will make prudent decisions in the best interests of their companies. While history repeats itself, we now have the benefit of being able to learn from the past. Many of us have been through this before, and as seasoned entrepreneurs, we know what we need to do to get through these tough times.

VB: How is SearchMe positioning itself to come through the recession and succeed — especially against competitors like Google?

RA: Our goal is to be the most popular visual search engine on the planet and we have every intention of succeeding. Our quick response to the nationwide economic downturn is intended to best position our company to do just that. We’ve supplemented this by making additional cuts in unnecessary travel expenses, meals and in other areas to help get us through this phase. But most importantly, we remain focused on our goal and continue to innovate in search with new features such as music search that we’re announcing next week. Yes, this downturn will be tough on startups but those of us who engage in smart partnerships, invest in technology and innovate with services and products that consumers embrace, will ultimately succeed against the competition. Because downturn or not, those who innovate, and work hard and smart, will prevail.

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About the Author, Eric Eldon

Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.

  • Liem
    Traffic =! revenue

    Startups will learn that traffic does not equal revenue very soon.
  • Alex
    Bingo! Very well said.

    This is how you deliver a message.
  • Anon
    Why do you call AuctionDrop a "successful startup"? This was a miserable failure and was re-orged right out of there by the VCs. Please do your homework before you confuse the hard-working, intelligent entrepreneurs with the hacks with little or no success other than their capital raising skills.
  • AuctionDrop wasn't Adams' greatest success, but it wasn't a failure -- and anyway, most any good entrepreneur will have a mixed bag.

    As to your general characterization of Adams, well, it comes across as blatantly unfair.
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