Economic optimism

by on October 22, 2008

There’s a TON of funding events that have gotten announced over the past few days. I’m tracking those here. Today I’m at a Rackspace event where they are announcing some more optimistic news — more on that later but there are a ton of bloggers who’ll be at the event so I’m sure it’ll be all over TechMeme later too. Not to mention that the event will be broadcast on live video too. It’s not all doom and gloom out there, although I’ve been tracking layoffs on that same link too.

  • Robert, the rounds announced over the past 2 weeks have probably been closed a long time ago, probably before the pic of the crisis. I am not sure this can be understood as a trend that will go on. It could but what i am saying is that they are not translating the current reality on the market
  • I do agree with Ouriel, I think the lack of money will happen later, when VS's will have problem's to raise their own funds.
    Moreover, the scarcity of money does not mean no money. VCs still exist. So fundings will still happen but for few players...
  • RR
    It’s not all doom and gloom out there, although I’ve been tracking layoffs on that same link too.

    You haven't seen anything yet...
  • I guess this post is about bright spots in spite of the current crunch. But are there any possible plus points that might come out of this? Any new innovation that would otherwise not have occurred?
  • Alz
    It's not all doom and gloom. Innovation will help, but there is too much capacity. With the cold winds of Socialism coming in, I wonder if there will be enough buyers? A few thousand programmers innovating isn't enough to support our complex economy - especially when success will be punished.
  • Delighted that my Google query "economic optimism" brings you up in the #1 spot, Robert! ;-)

    Admittedly, I'm not even sure how to do 'doom and gloom' but really doesn't the fall of this house of cards seem to clear the space for some really, really good stuff?

    ==> off to check other reasons for optimism... Thanks Robert... I do appreciate you!
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