{"id":61,"date":"2008-12-12T23:22:00","date_gmt":"2008-12-12T22:22:00","guid":{"rendered":"http:\/\/kreps.org\/blog\/?p=61"},"modified":"2016-03-13T19:45:11","modified_gmt":"2016-03-13T18:45:11","slug":"hi-tech-venture-capital-gets-a-cold-and-we-all-sneeze","status":"publish","type":"post","link":"http:\/\/kreps.org\/blog\/hi-tech-venture-capital-gets-a-cold-and-we-all-sneeze\/","title":{"rendered":"Hi-tech Venture Capital gets a cold and we all sneeze"},"content":{"rendered":"<div style=\"width: 425px; text-align: left;\" id=\"__ss_648808\"><a rel=\"external\" style=\"font: 14px Helvetica,Arial,Sans-serif; display: block; margin: 12px 0pt 3px; text-decoration: underline;\" href=\"http:\/\/www.slideshare.net\/eldon\/sequoia-capital-on-startups-and-the-economic-downturn-presentation?type=powerpoint\" title=\"Sequoia Capital on startups and the economic downturn\">Sequoia Capital on startups and the economic downturn<\/a><object style=\"margin: 0px;\" height=\"355\" width=\"425\"><param name=\"movie\" value=\"http:\/\/static.slideshare.net\/swf\/ssplayer2.swf?doc=sequoia-1223625495238287-9&amp;stripped_title=sequoia-capital-on-startups-and-the-economic-downturn-presentation\"><param name=\"allowFullScreen\" value=\"true\"><param name=\"allowScriptAccess\" value=\"always\"><embed wmode=\"transparent\" src=\"export_genericmt.php_files\/ssplayer2.swf\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" height=\"355\" width=\"425\"><\/object><\/p>\n<div style=\"font-size: 11px; font-family: tahoma,arial; height: 26px; padding-top: 2px;\">View SlideShare <a rel=\"external\" style=\"text-decoration: underline;\" href=\"http:\/\/www.slideshare.net\/eldon\/sequoia-capital-on-startups-and-the-economic-downturn-presentation?type=powerpoint\" title=\"View Sequoia Capital on startups and the economic downturn on SlideShare\">presentation<\/a> or <a rel=\"external\" style=\"text-decoration: underline;\" href=\"http:\/\/www.slideshare.net\/upload?type=powerpoint\">Upload<\/a> your own. (tags: <a rel=\"external\" style=\"text-decoration: underline;\" href=\"http:\/\/slideshare.net\/tag\/depression\">depression<\/a> <a rel=\"external\" style=\"text-decoration: underline;\" href=\"http:\/\/slideshare.net\/tag\/recession\">recession<\/a>)<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"visibility: hidden; width: 0px; height: 0px;\" src=\"\/blog\/export_genericmt.php_files\/bTxJmxPTEyMjkyOTc3NDYxODMmcHQ9MTIyOTI5Nzc1MTQ1OCZwPTEwMTkxJm.gif\" border=\"0\" height=\"0\" width=\"0\"><\/p>\n<p><!--more--><br \/>\n<a rel=\"external\" href=\"http:\/\/www.sequoiacap.com\/\"><img decoding=\"async\" src=\"export_genericmt.php_files\/sequoia.jpg\" style=\"float: left; margin-right: 10px; margin-bottom: 5px; border: 0px solid;\" title=\"Sequoia\" alt=\"Sequoia\" class=\"pivot-image\"><\/a> I&#8217;ve read recently &#8211; (<a rel=\"external\" href=\"http:\/\/www.guardian.co.uk\/commentisfree\/2008\/oct\/26\/china-global-economy\">Will Hutton in fact<\/a>)<br \/>\n&#8211; that the great advantage of the West over the East is our aggressive<br \/>\nentrepreneurial culture, and that because of this we will survive and<br \/>\nthrive despite the greater numbers and economic power of China and<br \/>\nIndia.  Crucial to such activity, however, is a thriving Venture Capital<br \/>\nsector, optimistically putting money into new ideas and new ventures<br \/>\nthat might just make it.  In a leaked PowerPoint from one of the leading<br \/>\nUS VC companies &#8211; Sequoia Capital (funders of companies like Apple,<br \/>\nOracle and YouTube) &#8211; the true depth of the recession we are now in is<br \/>\nlaid out in dizzyingly scary figures.  See <a rel=\"external\" href=\"http:\/\/www.thedailybeast.com\/blogs-and-stories\/2008-10-23\/soothsayers-of-silicon-valley\/1\/\" title=\"\">The Daily Beast blog entry<\/a> interpreting the slideshow, and the slideshow itself&#8230;<\/p>\n<p>..<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sequoia Capital on startups and the economic downturn View SlideShare presentation or Upload your own. (tags: depression recession)<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-61","post","type-post","status-publish","format-standard","hentry","category-default"],"_links":{"self":[{"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/posts\/61","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/comments?post=61"}],"version-history":[{"count":3,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions"}],"predecessor-version":[{"id":972,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions\/972"}],"wp:attachment":[{"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/media?parent=61"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/categories?post=61"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/kreps.org\/blog\/wp-json\/wp\/v2\/tags?post=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}