Do you agree or disagree? From the New York Times today…
“A downturn can be a very good time to build a company,” contends Michael Moritz, the Silicon Valley venture capitalist. “The parvenus and the pretenders are gone. The only people who want to start a company in a time like this are the ones with the greatest conviction.” See here.
(PDF here in case.)
You know, those who love it madly. That’s who they think will survive the process in this economy.