Venture Capitalists Advise Startups

13Oct08

So the VC’s have advised startups to:

  • Control spending
  • Throttle back growth assumptions
  • Cut earnings assumptions
  • Focus on quality
  • Lower risk
  • Reduce debt

What was their advice before the tough times?

Telling people that they should do this or that after the event has happend, arent experts, the ones who do it before are.

Did anyone say NO SHIT to themselves when they saw “focus on quality”.

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