VLAB: Upside of the Downturn

Here are some highlights from the VLAB event "Upside of the Downturn" on January 20th, 2008.

• In the bubble, there were a lot of 'Buzzword lamination projects'. Now there are more high quality pitches
• In times of uncertainty, it is human nature to go with fads and fashion
• Retired entrepreneurs going back to work for other startups (due to portfolio decline) and can be a great resource
• Stimulus will likely go to 'staggering giants' to preserve jobs, not Silicon Valley and not green technology
• Government grants a way of funding experimental projects, but should find someone experienced to write the grant

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