The economy may be heading into another recession.
That means tougher going for startups -- tighter funding, tight-fisted consumers, and fewer exit opportunities.
So what?
In fact, starting out during a recession can be good -- it forces companies to build real businesses with real customer appeal rather than relying on concepts and slideware, and tends to enforce long-lasting fiscal discipline.
Tuesday, August 16, 2011
The Successful Tech Companies That Started In Terrible Economic Times
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