Perfect timing

“The economic situation is apparently so grim that some experts fear we may be in for a stretch as bad as the mid seventies … when Microsoft and Apple were founded.”

Paul Graham

“We haven’t got much money, so we have to think”

Ernest Rutherford

Trade Me was launched in 1999, just as the first tech bubble burst spectacularly.

I wonder which companies will look back on the current financial crisis and think that it was possibly the perfect time to launch?

Feel free to nominate some possible candidates

UPDATE: I didn’t realise when I posted these quotes this morning, but today is actually the 100th anniversary of Ernest Rutherford’s award of the Nobel Prize for Chemistry.  :-)

7 thoughts on “Perfect timing”

  1. I think this is a good observation. While I can’t point to other launch candidates at the moment, our company has in a bizzare way been benefiting from a protracted capital raising round due to the tighter credit market. It has forced us to continue refining and revising our business plan, simplifying down and focusing to a point where our original document looks like an encyclopedia. (Hopefully now we have the right mix! :P)

    For those launching now, or existing teams raising capital, the current climate will definitely breed leaner, meaner and much hungrier companies.

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