Comments on: WSJ: The best companies are started during a downturn http://noweurope.com/2009/06/25/companies-started-during/ Reporting on technology innovation in Central Europe Mon, 08 Mar 2010 23:36:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Steven Carlson http://noweurope.com/2009/06/25/companies-started-during/comment-page-1/#comment-1667 Steven Carlson Fri, 11 Dec 2009 14:36:56 +0000 http://noweurope.com/?p=1068#comment-1667 The one caveat to all this is that during a recession cash is king, and capital is especially risk adverse. Here in Hungary, we're particularly lucky that the Jeremie program kicks in next year, in the first quarter. A lot of us are looking for opportunities just now. Let's talk soon on Skype! The one caveat to all this is that during a recession cash is king, and capital is especially risk adverse. Here in Hungary, we're particularly lucky that the Jeremie program kicks in next year, in the first quarter. A lot of us are looking for opportunities just now. Let's talk soon on Skype!

]]> By: Steven Carlson http://noweurope.com/2009/06/25/companies-started-during/comment-page-1/#comment-1656 Steven Carlson Fri, 11 Dec 2009 06:36:56 +0000 http://noweurope.com/?p=1068#comment-1656 The one caveat to all this is that during a recession cash is king, and capital is especially risk adverse. Here in Hungary, we're particularly lucky that the Jeremie program kicks in next year, in the first quarter. A lot of us are looking for opportunities just now. Let's talk soon on Skype! The one caveat to all this is that during a recession cash is king, and capital is especially risk adverse. Here in Hungary, we're particularly lucky that the Jeremie program kicks in next year, in the first quarter. A lot of us are looking for opportunities just now. Let's talk soon on Skype!

]]> By: Val_Jelinic http://noweurope.com/2009/06/25/companies-started-during/comment-page-1/#comment-1647 Val_Jelinic Thu, 10 Dec 2009 15:34:35 +0000 http://noweurope.com/?p=1068#comment-1647 Great post Steve. I tend to agree with your comments. I also believe that a recession is a wonderful time to build partnerships, but then again, this seems to be an idea that not everyone in Europe subscribes to. Take into consideration the UK for example. I recently gave a presentation at the Startup Overseas Conference in London where my bit was "Can you afford not to do business in Europe?" Even though the UK is in the worst recession it has experienced in 60 years and that the UK Chancellor has predicted flat or negative GDP growth next year, nearly all the SME & Startups I spoke to in 2 days were averse to the idea of trying to expand "abroad" into Europe via or with partners. I agree with your statement that "this is EXACTLY the right time to build, partner, grow and prepare for the eventual recovery." Partnering provides strength, combines resources, reduces costs, shares profits and a multitude of other benefits in tough economic times. We actively search for just such like-minded companies to do busines with. Great post Steve. Great post Steve. I tend to agree with your comments. I also believe that a recession is a wonderful time to build partnerships, but then again, this seems to be an idea that not everyone in Europe subscribes to.

Take into consideration the UK for example. I recently gave a presentation at the Startup Overseas Conference in London where my bit was "Can you afford not to do business in Europe?" Even though the UK is in the worst recession it has experienced in 60 years and that the UK Chancellor has predicted flat or negative GDP growth next year, nearly all the SME & Startups I spoke to in 2 days were averse to the idea of trying to expand "abroad" into Europe via or with partners.

I agree with your statement that "this is EXACTLY the right time to build, partner, grow and prepare for the eventual recovery." Partnering provides strength, combines resources, reduces costs, shares profits and a multitude of other benefits in tough economic times. We actively search for just such like-minded companies to do busines with. Great post Steve.

]]> By: Toby Elwin http://noweurope.com/2009/06/25/companies-started-during/comment-page-1/#comment-915 Toby Elwin Thu, 25 Jun 2009 18:11:24 +0000 http://noweurope.com/?p=1068#comment-915 No doubt what worked in the past does not assure future results, just like those mutual fund disclaimers. In tough times many find an unmanageable environment. Here is where the rules can be broken and new rules made and this is when the next breed find and make the next group of market and business leaders: survival of the fittest. The customer gains the most when uncompetitive companies fall. Thanks for the article and the insight Steve No doubt what worked in the past does not assure future results, just like those mutual fund disclaimers.

In tough times many find an unmanageable environment. Here is where the rules can be broken and new rules made and this is when the next breed find and make the next group of market and business leaders: survival of the fittest.

The customer gains the most when uncompetitive companies fall.

Thanks for the article and the insight Steve

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