thoughts, observations, and commentary from an entrepreneur / CEO / husband / dad / consumer / producer / fan / advisor / participant
26 Nov
We are growing quickly at Viget, working to hire the best in the industry into a bootstrapped consulting business. Part of the motivation to grow is our work with web start-ups. We see tons of opportunity to do great work with funded, fast-moving ventures. We went through the Internet boom and bust in our first year, though, and we’ve always maintained a balance in our clients because we know how quickly funding sources — and our start-up clients who depend on them — can disappear.
As we analyze our growth plans, we keep an eye on the overall economy. Fred wrote a good post yesterday called How Will Tougher Economic Times Impact The Web? that touches on this topic.
“We (me and my colleagues at Union Square Ventures) believe that the web is accelerating its transformative power and that businesses built around a web foundation will continue to take share of the worldwide economic pie. So I suspect that there will continue to be a healthy supply of capital targeted at web applications and services for as far as I can see.”
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[…] continues to be mainstream talk of a recession, and some VC’s are talking about what a downturn could […]
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