Sequoia has emergency meeting, tells startups to try to survive downturn (1)
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Eric Eldon (2)
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Leading Silicon Valley venture firm Sequoia held an emergency meeting yesterday to tell its portfolio companies to get ready for the worst, GigaOm is reporting and which we’ve confirmed from multiple sources. To drive the point home, startups were greeted at the gathering with a grave stone that said “RIP: Good Times.” Many Silicon Valley companies have been wondering how — or if — the larger economic crisis may affect them. This is perhaps the ...