Sequoia Venture Capital’s doom & gloom powerpoint
Sequoia Venture Capital is an old school VC based in Silicon Valley. They have developed this powerpoint to provide sage advice to early stage companies:
I include it here because it includes a crisp and well-laid out description of our current fiscal crisis and how we got here. For those of you like myself, who work for an early-stage technology startup (or really any small capital-constrained business), the report conclusion is pretty grim – “constrain costs” usually translates into “layoffs.”
The Sequoia graphs are missing something though. What we need to see is how the macro changes outlined in their helpful charts (declining in real wages, explosion in home value) correspond to specific public policies over the last few decades.
Tags: fiscal crisis, home values, layoffs, public policy, sequoia venture capital, VCs, wage decline

October 15th, 2008 at 11:48 am
I’m not getting page 11. What debt was 300% of GDP in 2002?
October 15th, 2008 at 3:18 pm
It says ‘Total Debt’ – not sure what specific thing they are referring to (national debt? consumer debt? other?)