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One more reason not to cramp up in the fetal position and panic.
Life goes on and funding will return.
Human nature hasn't changed.
The dust will settle. People will always look for ways to move ahead, make money, create and contribute.
Many thanks.
On a positive note, the start-up I am involved with - Jemstep, Inc. - has raised some non-trivial angel funding; is hiring people; and will soon be renting offices in Palo Alto. Obviously we are keeping a keen eye on our budget, but we remain up-beat.
Its during times like these that great start-ups have even more chance of being noticed.
Kind regards
Kevin
I don't really see why VC's would slow down now. If anything more people than ever will stay at home and seek solace in the internet. The internet really has a high value for the cost. A cheap internet connection is $30 a month and you can stream video and music, social network and play games...etc.
Now would be a good time to launch new online services when people will be at home more and probably on the computer.