techcrunch.com -
Today at VentureBeat’s Downturn RoundTable, two panels of Silicon Valley’s elite - one made up of Venture Capitalists, the other of experienced entrepreneurs - offered a roomful of startup CEOs their advice for weathering the economic crisis. And while the two panels differed in some respects (with the VCs saying that they’re open for business and the startup veterans calling this a falsehood) the general consensus was at least in part optimistic: Money will be tight and many companies will endure painful cost cutting, but it’s cheaper than ever to run a startup and innovation will continue to thrive.
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