Comments on: Will the Credit Crunch Hit Silicon Valley? http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/ Trusted Insights and Conversations on the Next Wave of Technology Mon, 23 Nov 2009 05:44:46 +0000 http://wordpress.com/ hourly 1 By: Tech Facing The Tight Cash Crisis - GigaOM http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-907949 Tech Facing The Tight Cash Crisis - GigaOM Mon, 27 Oct 2008 04:50:44 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-907949 [...] Will the Credit Crunch Hit Silicon Valley? [...] [...] Will the Credit Crunch Hit Silicon Valley? [...]

]]> By: Level 3 Shares Cheaper Than a Cup of Coffee - GigaOM http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-907132 Level 3 Shares Cheaper Than a Cup of Coffee - GigaOM Thu, 23 Oct 2008 20:12:47 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-907132 [...] 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. [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902671   Why nobody’s immune from the crunch by Techno News Feed Thu, 02 Oct 2008 22:59:21 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902671 [...] 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 [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902599 How Wall Street Can Hurt Silicon Valley - GigaOM Thu, 02 Oct 2008 09:23:50 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902599 [...] 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 [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902522 The coming recession (depression?) in Silicon Valley « The Insolvent Investor Wed, 01 Oct 2008 21:19:19 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902522 [...] 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 [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902167 Sept 29th: The Day of Unlucky Sevens - GigaOM Mon, 29 Sep 2008 21:51:59 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902167 [...] 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. [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902161 Squawk Box September 29 - The Credit Crunch — Alec Saunders SquawkBox Mon, 29 Sep 2008 20:55:39 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902161 [...] 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 [...] [...] 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902092 Petabro Mon, 29 Sep 2008 15:22:46 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902092 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. 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902038 JP Mon, 29 Sep 2008 09:38:48 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902038 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 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 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902002 Manish Jain Mon, 29 Sep 2008 05:20:05 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-902002 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. 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.

]]> By: Ted Murphy http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901981 Ted Murphy Mon, 29 Sep 2008 02:48:07 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901981 Its not just the tech companies who are scratching their heads, trying to figure out what the fuss is about. 2/3 of the american public dislike the "bailout" plan that has been all but agreed upon by our govt. I guess us kids have to go up to bed while the grownups figure out whats best. Its not just the tech companies who are scratching their heads, trying to figure out what the fuss is about. 2/3 of the american public dislike the “bailout” plan that has been all but agreed upon by our govt.

I guess us kids have to go up to bed while the grownups figure out whats best.

]]> By: rawdawgbuffalo http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901980 rawdawgbuffalo Mon, 29 Sep 2008 02:06:02 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901980 How do they know this gone work? And behind closed door? Sounds like <a href='http://rawdawgb.blogspot.com/2008/09/shadow-boxing.html' rel="nofollow">shadow boxing</a> to me How do they know this gone work? And behind closed door? Sounds like shadow boxing to me

]]> By: Avinash http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901968 Avinash Sun, 28 Sep 2008 23:55:37 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901968 Yes, it will impact silicon valley I wrote about it http://people20.blogspot.com/2008/09/companies-to-announce-salary-cuts.html Companies to announce salary cuts, rather than layoffs Letter to CEOs of companies: Dear Sir, In light of the current economic crisis, it will be better for companies to apply salary cuts, instead of layoffs. Such layoffs will depress the economy further, and the people who remain on board the companies will have to work harder, which will have much more toll on their body and mind. On the other hand, if there are salary cuts, not only will everyone be weather the storm, but also it will bring US salaries closer to those of other countries, and will have much more overall ameliorating effects on everyone. Best regards, Avinash Published at : http://people20.blogspot.com/2008/09/companies-to-announce-salary-cuts.html Wrote : HP CEO : http://www.hp.com/hpinfo/execteam/email/hurd/index.html Intel CEO : paul.otellini@intel.com , http://www.intel.com/intel/general.htm?iid=intelfb+body_askquestion Cisco CEO : jchambers@cisco.com; john.chambers@cisco.com Sun Micro : Bill.Macgowan@sun.com , Jonathan.Schwartz@sun.com Posted by Avinash Agrawal at 10:44 AM 0 comments Yes, it will impact silicon valley

I wrote about it http://people20.blogspot.com/2008/09/companies-to-announce-salary-cuts.html

Companies to announce salary cuts, rather than layoffs
Letter to CEOs of companies:
Dear Sir, In light of the current economic crisis, it will be better for companies to apply salary cuts, instead of layoffs. Such layoffs will depress the economy further, and the people who remain on board the companies will have to work harder, which will have much more toll on their body and mind. On the other hand, if there are salary cuts, not only will everyone be weather the storm, but also it will bring US salaries closer to those of other countries, and will have much more overall ameliorating effects on everyone.

Best regards, Avinash
Published at : http://people20.blogspot.com/2008/09/companies-to-announce-salary-cuts.html

Wrote :
HP CEO : http://www.hp.com/hpinfo/execteam/email/hurd/index.html
Intel CEO : paul.otellini@intel.com , http://www.intel.com/intel/general.htm?iid=intelfb+body_askquestion
Cisco CEO : jchambers@cisco.com; john.chambers@cisco.com
Sun Micro : Bill.Macgowan@sun.com , Jonathan.Schwartz@sun.com
Posted by Avinash Agrawal at 10:44 AM 0 comments

]]> By: Markus Goebel http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901948 Markus Goebel Sun, 28 Sep 2008 20:37:40 +0000 http://gigaom.com/2008/09/28/will-credit-crunch-hit-silicon-valley/#comment-901948 Credit Crunch? Is this a new website by Michael Arrington? I didn't hear this word before. ;) Credit Crunch? Is this a new website by Michael Arrington? I didn’t hear this word before. ;)

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