In the Newsletter, Calicanis says this:
As a startup, you are now, officially, on your own. You can’t count on
your VCs saving you or some magical offer from Yahoo or Google showing
up to bail you out. Chances are Yahoo and Google are going to be
shutting down and/or selling off companies they’ve already
bought–like EBAY and AOL have started doing. Parents don’t adopt
while they’re putting their kids up for adoption.
Now I don’t know about you but I am really worried about what people are going to do next. Some other things Jason said is that the storm is upon us. That’s right, in the next thirty days you will have to figure out how to survive. It won’t be easy. Is this the beginning or the ending of this so called storm? I say only time will tell. I hope this becomes a rebound soon. We are definitely in for the long haul.
