This post was originally published in a shorter (more sensible) format in the Wall Street Journal online. If you’re short on time click on the WSJ link and read the 990 word version there. Otherwise, grab a cup ‘o coffee …
One year ago I predicted that in 2010/11 the economy, far from being on the path of permanent recovery was on a temporary resurgence and there was a strong possibility of a “double dip” recession. My advice to entrepreneurs was and is “when the hors d’oeuvres tray is being passed take two” (e.g. raise money now to weather any storms).
To read the full, original article click on this link: US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs | Both Sides of the Table
Author: Mark Suster is a 2x entrepreneur who has gone to the Dark Side of VC. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. Read more about Mark.
