Lets Spread the FUD – Web 2.0 Style.

A deluge of European startups descended on London’s ExCel Centre for the Future of Web Apps 2008 conference this week, and while the economic crisis has already reached Europe, the fear clearly hasn’t reached its startup community.Via GigaOm

OK so its hard to deny that everything in the world is in melt down, but it seems like we aren’t happy talking ourselves into economic crisis, i.e. Panic and Fear. Lets stifle startups and companies who want to make it big.

There is lots of talk of recession the fact remains we are still technically not in a recession:

Recession: 2 consecutive quarters of negative growth.

While it makes sense to make your business ‘recession proof’ there is no reason to stifle creativity and laugh in the face of the entrepreneurs who want to succeed even in these difficult times. Sequoia Capitial is telling everybody to bunker down and take not that the good times are well and truly over, but how does this become recession [1]. There are still great people out there with great products and with or without recession great products sell. Its just the latter makes harder but no the less rewarding. Continue reading “Lets Spread the FUD – Web 2.0 Style.”