Auren Hoffman sent me an interesting article why recessions must not be bad for innovative Start-ups:

Recessions promote breakthrough inventions

Auren is a Silicon Valley based Serial Entrepreneur and currently founder and CEO of Rapleaf. He is also an investor and advisor for diverse internet start-ups like Meebo or – more surprisingly – a non-internet-company called Lotus Vodka…

I recently got to know him at a nice web2.0-entrepreneur-dinner that he organized in San Francisco`s Thai-restaurant Tara (123 2nd street).

His article fits very well with my strong believe in a long-lasting “Golden Age” for Entrepreneurs. While there will certainly be an up and down in several sectors as well as the provided amount of venture capital I am pretty sure that we will see great times for entrepreneurs for a very long time – given any point of the economic cycle.