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Venture capital goes short-term

nytimes.com
8 pointsamrithk4 comments
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"Cisco was founded two weeks before a stock market crash. Oracle was founded during the Reagan recession," Mr. Holland said. "In bad times, that's when the best opportunities come up."

most successes have a back story. Its my understanding that oracle's first customer was the CIA. It doesn't matter if there is a recession if your client is the government. It probably helps.

"'Big-ticket enterprise ideas that take $50 million to $100 million to get to market are going to be few and far between,' said Dana Stalder, a general partner at Matrix Partners."

Is it just me, or did they mislabel the section "Enterprise is Back"?

I was puzzled by that heading as well.

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