Remember, R.I.P Good Times ...a number of factors are making some startup investors wary. “I think 2012 will look more like 2008 than 2011,” warns First Round Capital’sJosh Kopelman. His pace of investing has not slowed down. He’s just being realistic...on the larger economic front, things don’t look so rosy. Overall economic growth remains sluggish at (a recently downward-revised) 2 percent last quarter, unemployment remains at a very high 9 percent, and governments around the world (including the U.S.) are in the throes of major debt and deficit crises. Both consumer and enterprise spending on technology is directly tied to the economy.
Kopelman is right. It’s not R.I.P Good Times quite yet, but be prepared to see some bloodletting.
Dare I say, I think he is right... Please read on and comment at: http://techcrunch.com/2011/11/26/josh-kopelman-i-think-2012-will-look-more-like-2008-than-2011/
