Is Your Startup Going out of Business?
My guest today on TechTicker was Keith Rabois of Slide. Before Slide, Keith was an early member of the PayPal mafia and an early exec at LinkedIn. He also has an advisory role with Sequoia Capital -- where among other exploits he pretty much hand-delivered YouTube to the firm. In other words, in a sea of engineer-minded entrepreneurs, Keith actually knows a thing or two about the business side of startups. He also has opinions and isn't afraid to voice them.
I had to de-Southern myself before taping as I usually sound like I'm saying "Rab-a-way" instead of Rabois. No joke, Mr. Lacy thought it was spelled this way for about the first six months I knew Keith. Ah, the downside of being on camera-- proper pronunciation!
The funniest backstage moment this morning was when the control room told me my guest was ready and I sat down, shuffled my notes and looked up to see a very, very old man in the monitor. "Um, that's not Keith," I said. Oddly enough, the guy sort of looked like a 50-year-older Keith, so I half-wondered if the downturn was just aging him. Turns out, the studio was just confused.
So here are the clips in case you didn't make it over to TechTicker today. The first one is on all the layoffs in the startup world last week (some 250 jobs all together and counting) and what separates companies that are seeing opportunity in the downturn from those seeing doom and gloom. The second clip is about how all those layoffs and hard-to-get-series-b-rounds will ripple into Silicon Valley's macro economy. And the third is about Slide itself: a company planning to spend its way out of the downturn.
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Hi Sarah,
I'd love to tell you about a company that is bucking the trend (ours) by continuing to grow through a business model that is generating real revenue (I can give you more deets personally) in an industry with a lot of question marks (online video).
If you're interested in hearing more about this exception to the rule, drop me an email at morgan.brown(at)turnhere(dot)com or a dm on twitter @morganb.
Morgan
TurnHere
Posted by: Morgan | October 20, 2008 at 05:35 PM
Good stuff, as usual.
Posted by: David Ulevitch | October 20, 2008 at 07:18 PM
Thanks for the in-depth on the flood of layoffs as I've been asking anybody who would listen the question of 'why' last two weeks. Maybe its East coast v West coast but MocoSpace continues to grow and hire aggressively thru this downturn. Lets see more stories about this trend!
Posted by: Jim | October 27, 2008 at 06:18 PM