Comments on: The Tech Engine Revs Back Up – Maybe

By: Derek Scruggs

Derek Scruggs — Sat, 04 Apr 2009 09:32:40 +0000

One more data point. Our business hasn't slowed down at all. February was a record month for us, even though only 28 days. March came awfully close to breaking it. Overall we are ahead of projections for 2009.

Oh and Michael we are part of Bill's empire and working toward building a sub-empire of our own.

By: eric norlin

eric norlin — Fri, 03 Apr 2009 18:58:41 +0000

my 2cents: http://gluecon.ipower.com/blog/?p=41

By: » Blog Archive » Cycles, authenticity and John Ringling

» Blog Archive » Cycles, authenticity and John Ringling — Fri, 03 Apr 2009 16:18:52 +0000

[...] not coincidentally, Brad’s writing about cycles today — asking whether we’re seeing a “warm mid-winter day” or the actual [...]

By: Michael Beirne

Michael Beirne — Fri, 03 Apr 2009 15:40:01 +0000

hi brad, looking forward to reconnecting at GOT, hope you get there early and stay late!

Any thoughts on how the imminent capital gains tax raise, and looming regulations on private equity (that seem to be brewing in the administration) could dampen the natural comeback of tech industry liquidity? Specifically, can you comment or blog about those considerations as they may have impacted any of your past buy/sell deals?

(As for me, I'm leaning toward Flagg's approach of just keep making money and don't look for an exit.)

Thoughts?

By: Brad Feld

Brad Feld — Fri, 03 Apr 2009 15:12:07 +0000

Great data. Thank you!

By: Dennis

Dennis — Fri, 03 Apr 2009 15:09:43 +0000

Hey Brad – I'm building retail stores for VZW. In my world, the consumer is doing pretty well. Just ran Q1 year over sales numbers, our Blackberry sales have increased 530% vs. Q1 08. I'm guessing 90% of it is small biz/consumer. Massive new subsidies & advertising are the primary drivers.

By: Sat

Sat — Fri, 03 Apr 2009 13:38:32 +0000

Brad, Thank you for shedding light on positive things in this depressing economy. We need the optimism in our industry more than ever.

I do agree, the signs are encouraging, and as I was talking to a recruiter friend, he said he is seeing lot more activity in last one week than ever before this year. Increased activity in tech hiring is always a good sign, IT is implementing projects, which would lead to more orders for tech vendors. Other trend I am hearing from my sales friends is that most IT execs are sticking with proven or well known vendors and are less willing to do business with smaller/unknown entities. So, as a result, most small enterprise software companies are suffering real bad ( one that I know only met 50% of their revenue targets for Q1 ). Both these trends apply to enterprise software, don't know whats happening on consumer side of things.

By: kid mercury

kid mercury — Fri, 03 Apr 2009 13:11:47 +0000

warm day in mid-winter. government intervention is only making the problem worse and preventing the market from healing itself. this is a political problem and will continue to grow until it is dealt with. as we are quite far from the american people dealing with it we are thus quite far from a solution.

there is also the issue that the monetary base has been massive expanded, so that if there is a real recovery, and if banks do start lending and things go "back to normal" again, then it will unleash a ton of inflation because of how much the monetary base has been expanded, i.e. how much banks can expand the money supply by lending.

but all this will become rather obvious in time.