Om Malik gives
some more details of the sage advice the Sequoia VC's are now giving to their clutch of funded companies - among the pearls of wisdom were such as:
Upin, who knows a thing or two about money and markets, told the room that we are in the beginning of a long cycle, what he called a “secular bear market.” This could be a 15-year problem, he said. This comment was accompanied by many slides that showed historical charts of previous recessions averaging 17-year cycles.
Given that this prediction could have been made anytime in the last 2 years, especially in the last few months after Marc Andreesen announced he was filling up his war chest for a Nuclear Winter, it is of course especially helpful now the horse has bolted. There are many other such insightful pearls of wisdom on the post, leading Techmeme's Gabe Rivera
to remark that all this advice generation must be taxing the resources of the Sand Hill Mob, and:
Somebody should build a randomized downturn startup advice memo generator. Not all VCs have hours to kill writing these things themselves.
We agree, and humbly put forward our design for the Path 2 Profitability Present-O-Matic, using technology we developed originally for the
Twitter Social Media Climber, to build these P2P presentations
It works, of course, by randomly generating numbers for columns 1, 2 and 3 and then printing the resulting 3 -word productivity pronouncement. Repeat for as many times as you see fit.
(Do I see a large number of Dotcom veterans wryly smiling at these Web 2.0 whippersnappers and sayin "yup, this is how it all goes...."?

)