Re:Venture capital goes short-term
by daveambrose on Monday January 05, 2009 @12:49AM
(#420056)
"Cisco was founded two weeks before a stock market crash. Oracle was founded during the Reagan recession," Mr. Holland said. "In bad times, that's when the best opportunities come up."
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most successes have a back story. Its my understanding that oracle's first customer was the CIA. It doesn't matter if there is a recession if your client is the government. It probably helps.