Get my 5-day email funnel that generated $400,000 from a single launch

Want an email sales funnel that's already proven to work? Get the entire word-for-word email funnel that generated $400,000 from a single launch and apply it to your own business.

Yes! Send me the funnel now
Start Here: “The Ultimate Guide to Starting an Online Business”

Behind the Curtain: How Silicon Valley companies are handling the downturn

12 Comments- Get free updates of new posts here

0 0

Silicon Valley is buzzing with recent activity from several notable investors, who’ve told their portfolio companies to batten down the hatches for an impending recession that will be extremely challenging. For example, Sequoia, one of the premiere venture capital firms out here, held an emergency meeting with its portfolio CEOs last week. Below is the extraordinary presentation they made. And here are notes from the presentation.

As always, I Will Teach You To Be Rich readers frown on predictions (because they’re almost always wrong). But, at the very least, here’s a look behind the veil at how startups are behaving to an economic downturn — along with some fascinating data.


Sequoia Venture Capital Warning to CEOs – Get more Business Plans

Can’t see the slideshow? Click here.

Or read more links from my personal entrepreneurship section.

0 0

Related Articles

Surprising insight about high-school reunions

A few months ago, I asked this question on Twitter. “Do you look better or worse than 5 years ago? ...

Read More

Look at this email from a cheap person

GET READY!! It’s not every day you get to see inside the mind of a cheapskate. I’m in ...

Read More

12 Comments

0 0
 
  1. Some scary charts in there, but I like the “manage what you can” and “watch cashflow” bits. Very important reminders for entrepreneurs.

  2. The advice that Sequoia gives its companies is advice that should be heeded regardless of the current economic situation. Stay lean, cash is king, reduce overhead: these are ideas that should have been implemented before the doomsday scenario that they presented.

    If you need a more indepth analysis of how startups should respond, see this slideshow:

    http://www.docstoc.com/docs/1857261/Whiner-Jerkins-All-Hands-101308

  3. Also, you need to adjust the dimensions of your embedded presentation. It’s going into your sidebar.

  4. That’s a good read!

    Although predictions can do more harm than good, I believe preparation is the key here. It’s like planning for a hurricane. While nobody may be sure where it may end up next, it’s still best to be prepared just the same.

    As the saying goes, “An ounce of prevention is worth a pound of cure.”

  5. Why did they say spend every dollar like it’s your last in The Solution slide? Is that there way of saying enjoy life while it lasts or to not save…am I reading it wrong?

  6. […] blog I Will Teach You To Be Rich found a fascinating, if not scary, slideshow presentation from venture capital firm Sequoia.  You owe it to yourself to take a look at […]

  7. @topseekrit

    They just mean to be as frugal as possible when it comes to spending dollars, because getting dollars in the door is very difficult in this environment.

  8. It’s a tough world for startups. These venture capitalists aren’t dishing out the dollars like they were in years past. Even the most worthy endeavor has trouble getting financed these days, as the people with cash want to keep it close.

  9. @ Topseekrit see slide 49. Being wise with your resources is always prudent. Knowing when to be prudent is especially timely.

  10. > frown on predictions

    Is the word “predictions” being used to describe more than it should? Instead of predictions, I’d like to think in terms of 1.) aggregating a range of possible outcomes 2.) recognizing what happened soon thereafter.

    Take poker, for example. Is it a simple prediction of which card will appear next? No, it is a pricing of the most likely scenarios, which are then re-priced in light of additional information.

    Or take driving. If you see a car swerving all over the road, you cannot predict exactly where it will end up. But you are sure going to drive more defensively.

*