A lot of the talk at October's gathering centered on the current economic crisis and its impact on early stage companies. Sequoia Capital's RIP presentation sent to their portfolio companies also came up in a number of conversations. Yes, it's a tough economy and undoubtedly will be for a while. Beyond the doom and gloom theme of Sequoia's presentation, the core message of being cautious with spending and focusing on how to become cash flow positive are certainly tactics every company should employ.
For those looking for a more "glass is half full" perspective on the current economic times, Don Dodge's recent post is a worthwhile read on why now could actually be a great time to start a company. We're back at Spin Café on Friday, November 14. See you then!
Posted in: