Venture capital goes short-term(nytimes.com)
nytimes.com
Venture capital goes short-term
http://www.nytimes.com/2009/01/05/technology/start-ups/05venture.html?_r=1
4 comments
"Cisco was founded two weeks before a stock market crash. Oracle was founded during the Reagan recession," Mr. Holland said. "In bad times, that's when the best opportunities come up."
most successes have a back story. Its my understanding that oracle's first customer was the CIA. It doesn't matter if there is a recession if your client is the government. It probably helps.