Monday, November 24, 2008
Alan Meckler led this iBreakfast that examined the investor outlook in a new era of financial failures. In a strange way, the last bubble and the virtual closing of the tech IPO market has insulated many investors from the fallout. They just weren't part of the public markets. On the other hand, the general climate is bad and that will tend to lower valuations dramatically. Lean and mean is the watchword and major investors like Sequioa are sending out the word to cut back - or else.