Comments on: Job Losses: The Silicon Valley Perspective

By: The Young Entrepreneur Stereotype Bites the Dust

The Young Entrepreneur Stereotype Bites the Dust — Thu, 18 Jun 2009 15:03:47 +0000

[...] fear is that we’re moving toward an era of forced entrepreneurship, in which freelancers, consultants and others work on-demand, and for themselves. This isn’t [...]

By: Hang Onto Your Plan B: Venture Triage Has Begun

Hang Onto Your Plan B: Venture Triage Has Begun — Thu, 12 Feb 2009 15:12:47 +0000

[...] innovation won’t just stop.VCs are still making selective investments in early stage startups at newly reasonable valuations [...]

By: The News: Archiving, Saving Money are Hot « The Dice News Blog

The News: Archiving, Saving Money are Hot « The Dice News Blog — Tue, 10 Feb 2009 14:57:49 +0000

[...] Losses: The Silicon Valley Perspective [GigaOm] “A larger portion of the workforce (like it or not) is going to look more like freelancers [...]

By: Stemming the Outsourcing of IT Jobs | Ubikwiti - Blog

Stemming the Outsourcing of IT Jobs | Ubikwiti - Blog — Sun, 08 Feb 2009 07:29:43 +0000

[...] headlines trumpeted the loss of 598,000 jobs last month — the worst in 34 years. Stacey Higginbotham asks what does that mean for Silicon Valley, the home of technology? In order to get a sense of [...]

By: Jojo

Jojo — Sun, 08 Feb 2009 04:14:07 +0000

New technology doesn’t mean squat if there are no buyers. The financial and insurance industries have always been big buyers of technology (also big payers of high annual maintenance fees). Who are you going to sell to? Who can afford to pay these days?

By: Perfectmoney

Perfectmoney — Sun, 08 Feb 2009 02:29:14 +0000

well.look at “freelancer” I think I already the “victims” of the crisis”I myself now have to stay at home employee because of that but I appreciate somehow this discussion that positive intuitions still waiting on the way to fix my part in the positions of the world Technology

By: Alain

Alain — Sat, 07 Feb 2009 06:34:50 +0000

It may be ludicrous to contend, as Fortune does, that there are no big ideas percolating in tech. But it’s less absurd to imagine that the unprecedented scale of the global financial crisis may well swamp Silicon Valley and dampen economic productivity for years to come. Why? Because in this country (and globally), finance, not tech, runs the show. The financial services biz accounts for roughly 20% of U.S. GDP and more than 25% of domestic corporate profits, far eclipsing tech.

The question isn’t whether tech innovation will–in time–boost investment, consumer spending and productivity, thus creating jobs. It will. The issue is whether that will happen at a fast enough clip to make up for the staggering job losses and productivity decline stemming from a deepening recession. Will tech eventually lead us out of the desert? Quite possibly. But not until the financial system has time to heal. That will take years. The tech biz should buckle in and brace for impact.

Btw, love your stuff, Higginbotham. Someone give this dame a raise.

By: Sramana Mitra

Sramana Mitra — Fri, 06 Feb 2009 22:11:42 +0000

That’s right. Check this article out on entrepreneurship opportunities on a shoestring:
http://www.sramanamitra.com/2009/02/06/forbes-column-09-open-source-means-business/