Interesting Article: Auren Hoffman - Recessions promote breakthrough inventions
Monday, March 3rd, 2008Auren 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.