With the financial downturn and the economic crisis that follows, history threatens to repeat itsel

With the financial downturn and the economic crisis that follows, history threatens to repeat itself. Silicon Valley Silicon Valley in California is the global center for high-tech companies. After the bursting of the Internet bubble in 2000, the sector was strong decline. In subsequent years, the companies had to rediscover themselves. That worked with the rise of Web 2.0, the development of the World Wide Web to an interactive platform. Blogs, social networking ecg consulting group and Wikipedia are typical web 2.0 products.
The current crisis comes at a time when Silicon Valley is working to make the changeover. Incurring large investments have to be made, including to lay users. Databases Banks run their money taps, allowing the companies come again in trouble by the crisis. Furthermore, revenues ecg consulting group from online advertising ecg consulting group and consumer spending is back. Massive layoffs and cost savings are the result. According investment Sequoia only rapid and drastic measures to avert a scenario as in 2000.
Investor Ron Conway is confident that Silicon Valley has learned ecg consulting group from the previous crisis. Unlike eight years ago, the companies are not overvalued now. Moreover, the most bad apples already shaken in the turn of the millennium from the tree.
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