The Dow may have rallied yesterday, but we are still a long way from an economic turnaround. If you want a clear explanation of what happened in the financial meltdown and the consequences, I would recommend this presentation from Sequoia Capital, one of the premier venture capital funds: “RIP: Good Times” (thanks to the blog VentureBeat). This presentation was given by Sequoia to the companies it invests in. Not a pretty picture.
How it looks to the V.C. world
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