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It's been about four months since I've been in San Francisco and Silicon Valley. After the sudden global financial implosion, the environment is certainly different. Company founders are getting cautious. Before the meltdown, tech founders would talk about how great their companies were tracking. Now, the main question is, "What's going to happen to the economy?"
This question is coming from the veteran tech folks, who experienced the harsh dot-com meltdown of 2001-2002. Back then, the optimism was out of control and meant that many companies failed to make the necessary moves to scale back.
But this time feels different.
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