Remove 1999 Remove Demand Remove Hawaii Remove Lean
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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

While not 1999 all over again but I am observing first-hand the signs of funding frenzy. trillion out of our homes and spent 2/3rds of it on flat screen TVs, trips to Hawaii, time shares, Apple products and everything else we couldn’t afford. VCs get paid to “put money to work.&#. I know not everybody agrees. We took $2.3

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Boom and Bust and What Comes Next

Scalable Startup

“Boom and bust is our lot and we must follow the ancient advice.that Joseph gave to the Pharaoh: Put away your surplus during the years of great plenty so you will be ready for the lean years which are sure to follow.”. Governor Jerry Brown, State of the State speech, January 2014. First Street and Market Street by Leo vanMunching.