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Sequoia Predicts Dot-Bust 2.0 – Hurry, Get a Business Model!

Sequoia Capital, one of silicon valley’s leading VC’s, gave the following presentation to all of their portfolio CEO’s this week in an emergency meeting.

It’s a good read, although not exactly groundbreaking. It lays out the economic situation and urges their CEO’s to cut costs (staff) FAST, raise money NOW if you can, and GET A BUSINESS MODEL. (I love that last one).

Here is the presentation:

CEO_ALL_HANDS_10-7-08_FINALFree Legal Forms (<-- huh, this isn't a [free legal form]. Odd off topic spammy widget link - nofollowed. I would have been ok with [pdf hosting] or something related.)

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