There's much exictement and energy around technology-enabled businesses, whether web-services enabled or on the third screen. I was talking with someone today about possible 'threats' to a particular business. One of the ones I identified was macro-economic -- what if there's a downturn in the economy?
The '01 - '03 downturn was my first as a working professional, and it was frigid. People just didn't want to do business, especially new business. I heard stories of VCs and bankers going on sabattical -- there just weren't deals to be done.
I've read the analyses pro and con around the US economy. Something tells me that we're in for a recession by the end of the decade, and I'm not the only one with misgivings about where things are headed. I don't know what will trigger it -- fuel prices, housing, interest rates, balance of trade, or some combination thereof. If you think this will be true, raise more money than you think you'll need while the money is there for the taking.
I hope I'm wrong.
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