Thursday, November 20, 2008

Survival of the Quickest .... If you work for a startup and lost your job, here's why

There have been lots of interviews, videos, blog posts, and checklists from investors to their portfolio company's on how to prepare for a down market.

Here are links to a few of the most notable.
If you are having trouble interpreting the chart above, it basically summarizes the collective wisdom of investor advice to CEOs ..... DEEP cost cutting up front will (hopefully) save the business (meaning their investment capital).

If you are reading this post, then you likely were (or knew someone that had) a supporting role in the epic movie, Survival of the Quickest, which has some odd parallels to the movie, The Quick and the Dead, with Sharon Stone.

You can't blame investors from protecting their investments BUT, one question, who is protecting the employees?