Thursday, October 9, 2008

Would You Stand By Me?

The next few months are not going to be easy.
You can read about it everywhere (alleyinsider, gigaom, venturebeat, techcrunch and many more).

And then came the Sequoia slides:

As I was reading all these "get-real" posts and looking into these slides I felt as something is missing.

Do you think/feel the same?

In general, as a startup, we can work harder, burn less money, re-prioritize development plans and do all the things you can see listed in the slides.
For example:

As my 4 years old son once told me:
"If you are sending me home, you need to come with me..."

We are all in this together.

As we can all agree, the recovery will be long

We need to keep working as a team.

As for the phrase I keep hearing "raising an internal round", reinvesting in portfolio companies is 'internal round' as well.

I know great investors and VCs who are looking beyond and investing in their portfolio companies with wisdom, connections and other non-funding ways, helping, as true partners, to overcome these hard days and to be ready for the future.

I only wish they would be more vocal about it and help/make the media balance the current state-of-mind.

So, as you 'get real', look at your investors and ask:
"Would you stand by me?"


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