Re:Startups Best Positioned To Weather A Downturn
by DanielBMarkham on Tuesday September 30, 2008 @08:24PM
(#320200)
Yes.
A credit crunch is great news. Big, established businesses can't raise huge amounts of money to grow.
So small, flexible business raise little amounts in unusual and novel ways and have room to grow.
Hey, I don't want this thing to blow up, but if it does, there is going to be all kinds of bright sides, including the ability of people/firms with lots of cash to start their own lending institutions.
A credit crunch is great news. Big, established businesses can't raise huge amounts of money to grow.
So small, flexible business raise little amounts in unusual and novel ways and have room to grow.
Hey, I don't want this thing to blow up, but if it does, there is going to be all kinds of bright sides, including the ability of people/firms with lots of cash to start their own lending institutions.