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Vall they pearls
but amid all the talk of belt-tightending and play offs, matt cohler, a former facebook executive and now a partner at benchmark capital, warned against being too gloomy .
we are not the epicentre of this storm and therefore the really great thing is innovation in silicon valley is continuing unabated, he explained .
that it's isn't a time for businesses to make smart focused decisions on how to strengthen their business and deal with an uncertain world .
start ups are warned they face an uncertain future unless they take action .
that doesn't mean this isn't a very very serious situation but it doesn't serve enturepreneurs and executives well to panic .
today it see five new deals every day in the middle of this crisis and i saw five deals a day froblem start-ups and enturepreneurs six months ago .
they're thare going to have to be more proactive about raising capital .
- Valley pearls 2008-10-31 10:55:45