Well at least we startups don't have billions of debt or a stock price to worry about ;-) And the big guys that will fall during this tough period will leave plenty of space for 'us'. The question of course, is which one of us. To add to the scenario mix, this is what Mr Roubini has to say about how much worst things can get in the coming weeks. http://www.cfr.org/publication/17457/steps_to_h...
I think Taleb is right (as usual). Winner bias is also a bit skewing factor. We all know of Marc A, but how many second, third or N time entrepreneurs have not made it?
It\'d be interesting to compare the study with one that looked at money raised (and valuations) by multiple-time entrepreneurs and then arrived at some comparative yield between the different classes.
Really glad you guys like the new design and thanks for the kind words. Still a long way to go with TrustedPlaces,but this money really helps to move to the direction we and our members want to go. Will be seeing you on the way there ;-) Sokratis