Is That the Sound of the Silicon Valley Web 2.0 Bubble Bursting?

Om Malik at GigaOM has the news of a grim meeting that leading Silicon Valley venture capital firm Sequoia Capital held yesterday for its portfolio firms. The CEOs were greeted by an image of a gravestone that read:

Om Malik at GigaOM has the news of a grim meeting that leading Silicon Valley venture capital firm Sequoia Capital held yesterday for its portfolio firms. The CEOs were greeted by an image of a gravestone that read: “R.I.P.: Good Times.” The message was that the economic downturn could make things much worse for tech startups, most of which to date have been surprisingly unaffected by the market maelstrom.

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