Re:Could VC be a Casualty of the Recession?
by gruseom on Friday December 05, 2008 @11:20AM
(#387160)
You guys are comparing a single saturated market to the economy as a whole. That's a category error. New markets are always emerging.
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No I'm not -- my comments are limited to saturated markets.
Obviously, one of the ways to get rich is to create a new market and exploit it. But that's probably not as easy as building the better Teriyaki restaurant, judging by how rarely lucrative new markets emerge.