Comments on: Will the Credit Crunch Hit Silicon Valley?

By: Tech Facing The Tight Cash Crisis - GigaOM

Tech Facing The Tight Cash Crisis - GigaOM — Mon, 27 Oct 2008 04:50:44 +0000

[...] Will the Credit Crunch Hit Silicon Valley? [...]

By: Level 3 Shares Cheaper Than a Cup of Coffee - GigaOM

Level 3 Shares Cheaper Than a Cup of Coffee - GigaOM — Thu, 23 Oct 2008 20:12:47 +0000

[...] Jokes aside, Level 3 was indeed very cautious in outlining the future of its business, noting that the broader slowdown in the economy was resulting in longer sales cycles. This lukewarm outlook is terrifying for investors already concerned with company’s high level of debt and its ability to navigate the current credit crunch. When I spoke to the company recently, they said they weren’t worried about refinancing their debt. [...]

By: Why nobody’s immune from the crunch by Techno News Feed

Why nobody’s immune from the crunch by Techno News Feed — Thu, 02 Oct 2008 22:59:21 +0000

[...] to execute the canard – put about by the likes of Steve Ballmer just days ago – that Silicon Valley won’t feel the credit crunch. Let’s admit it: most technology companies are expensive beasts with weird business [...]

By: How Wall Street Can Hurt Silicon Valley - GigaOM

How Wall Street Can Hurt Silicon Valley - GigaOM — Thu, 02 Oct 2008 09:23:50 +0000

[...] of these companies had been saying they weren’t worried that the credit crunch would hurt them. I don’t blame them for saying that; it’s [...]

By: The coming recession (depression?) in Silicon Valley « The Insolvent Investor

Wed, 01 Oct 2008 21:19:19 +0000

[...] Pollyannaish. It’s become harder and harder to attend networking dinners and listen to VCs, bloggers, Web 2.0 CEOs, Facebook app mavens, and iPhone app Illuminati prattle on about how they are going [...]

By: Sept 29th: The Day of Unlucky Sevens - GigaOM

Sept 29th: The Day of Unlucky Sevens - GigaOM — Mon, 29 Sep 2008 21:51:59 +0000

[...] I wrote over the weekend a post that rounded up what some of the big technology companies had to say about the current credit crunch. Today, more information is emerging as to how the malaise is going to impact Silicon Valley. In particular I’ve been reading research reports from various Wall Street firms, and they are all turning increasingly bearish. [...]

By: Squawk Box September 29 - The Credit Crunch — Alec Saunders SquawkBox

Squawk Box September 29 - The Credit Crunch — Alec Saunders SquawkBox — Mon, 29 Sep 2008 20:55:39 +0000

[...] to talk of depression. As the banks have failed, we’ve seen folks like Jason Calacanis and Om Malik publishing viewpoints as well. So, how will that hit technology markets? That was our [...]

By: Petabro

Petabro — Mon, 29 Sep 2008 15:22:46 +0000

Om,
Party like it is 1999! The valley will be impacted. It is not the credit crunch. The economy is also slowing down. I am wondering when retail shops start shutting down on University Avenue and Santana Row.

By: JP

JP — Mon, 29 Sep 2008 09:38:48 +0000

Any rational company or person would look at their exposure to the effects of the credit crunch. While the negative impact looks like it’ll reach everything and everyone, opportunities can present themselves.

Although, among the big players that provide services (e.g., IBM), I think there will be a big hit. Also, many startups that are beyond seed stage and are attempting to grow in this economy should expect some trouble as well.

JP
http://www.convos.com

By: Manish Jain

Manish Jain — Mon, 29 Sep 2008 05:20:05 +0000

The credit crunch is going to hit every industry and everyone. It depends on your cash flow whether you will be affected negatively or positively. Companies like APPL, CSCO and MSFT have a boatload of cash and probably could setup their own banks since most banks are disappearing these days. If you are a startup and looking for money, it will likely be more difficult since everyone is trying to conserve cash.

During difficult times were when companies like MSFT, CSCO and GOOG were created.