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RIP, Good Times – Sequoia Capital’s message to startups

About the author

Osama A.

Osama runs a Social Media Marketing Agency and a Software Product Company. He has been involved in building online communities since 1997 and his major strengths are understanding how people choose to come together and work as strong cohesive units that believe in brands or causes. His team's flagship product offers highly innovative ways to get professional teams to work better together - resulting in significantly saved time in common tasks around getting people on the same page; and also resulting in a greater sense of trust among virtual teammates. You may contact him at hashmi@cdfsoftware.com with inquiries.

This message naturally applies most to U.S. startups in the midst of economic turmoil, but its a good reality check in any case. The key thought: Get Real or Go Home.

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4 additional thoughts for this post.

  1. Obaid Said:

    these are tough times for startups in US..

  2. Osama A. Said:

    Obaid – how’s the US economy effecting work from Canada?

  3. Khurram Said:

    Glad to know that you are have started writing again regularly. Startups in US have been asked to preserve cash , so as they can survive the bad time. Tech Crunch is filled with such news from various VC’s
    http://www.techcrunch.com/2008/10/11/profit-maximization-v-survival-maximization/

  4. Obaid Said:

    Osama: Canada is very tightly coupled with US economy. The companies are feeling the pinch.. startup like ours which depends a lot on US based contracts, is getting hit hard, as a lot of companies are pulling back from their projects and saving up on cash.

    But this gives us the time/reason to think about our products and work on them to get them ready for market. Hopefully you will see a few of our products launched in next few months. :)

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