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Excited about hackNY’s funding and growth

This is going to be BIG.

Back at the end of 2008, when the economy was in the tank, and funding was tough to come by, NYC Seed, a small local fund with some government and local academic backing supported my startup, Path 101. His decision to support us, on the other hand, paid NYC’s technical community back in a way that will be felt years to come.

pitching 267
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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

Rob messed around with some local video thing in 2008, which everyone but Rob thought was a pretty terrible idea. " — Charlie O'Donnell (@ceonyc) December 29, 2008. I thank Rich and his team, as well as David Orfao from GC for their support of my good friend long after I left First Round.

board 261
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Things Will Be Different

This is going to be BIG.

The Financial Crisis of 2008 sure seemed bad in the moment as well. The US taxpayer will have to backstop the company’s lack of basic support for its workers, much the same way it’s been doing for Walmart for years. I don’t think building companies like this are going to be seen the same way going forward.

health 314
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How Will a Venture Capital Recovery Feel? Observations from 2008

Tomasz Tunguz

In 2008, I had just become a venture capitalist. That’s when people started to believe in better times ahead again, that the exit markets would support higher valuations, that businesses could thrive - when exits started to flourish again, liquidity returned to the system to founders, teams, & investors.

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A Sign of the Times: Why Saving the Kentile Sign is Important #savekentile

This is going to be BIG.

Even the old Pfizer headquarters, active as recently as 2008, is now home to the production of everything from microchips to pickles. If you want to support local ecosystems of makers, producers and craftspeople--help us preserve the symbol of Brooklyn''s industrial past and future opportunity.

mix-use 314
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How to take advantage of a recession to build your brand

Entrepreneurs' Organization

During the 2008 recession, while everyone else was hanging onto the gunwales of tossing ships, offering bargains, and hoping for a quick end to the pain, a restaurant near our office started remodeling. We have also invested extensively in training staff to provide outstanding, expert customer support. Focus on value.

strategy 220
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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. I remain a huge supporter and am very proud of our accomplishments and hugely optimistic about our future. 5 years ago.

VC 387