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Now is the time to start panicking: Sequoia

Started by Duncan Riley · 9 months ago

Sequoia Capital, arguably Silicon Valley’s most prestigious VC firm (they were the first investors in both Yahoo and Google) called a crisis meeting today of its portfolio companies, preaching that the entire industry is facing an abyss.
According to reports of the meeting, f ... Continue reading »

5 comments

  • motochan

    9 months ago

    I know of non-dilutive grants from the government supporting engineering headcount to encourage startups to establish engineering centers in Singapore. Does this sound interesting in such times?

    You basically plonk a team in Singapore, pay their payroll out of Singapore, and every 3 or 6 months, get reimbursed up to 50% of their base salary. This might be a good way to stretch startups’ existing venture-backed dollars in such tough times.

    Does it makes sense? Thoughts guys?
    reply
  • Mat Packer

    9 months ago

    Certainly some scary times ahead for a lot of people I dare say.
    reply
  • Wogan

    8 months ago

    Was that seriously the cover of the Economist? Lol...

    Just checked out the other, later, IT'S OVER! post. I suppose all good things really do come to an end.
    reply
  • Jennifer Barthe

    8 months ago

    I think you just summed it all up.
    reply
  • Raza

    8 months ago

    is off-shoring going to be silver bullet for this problem ? It might not be, but it will definitely help reduce operational costs for these startups.

    www.confiz.com
    your offshore development partner
    reply

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