by Administrator
11. October 2008 07:06
In silicon valley, the recession is starting to take its toll. From a dire meeting held by one of the valley's leading VC firms, to layoffs at eBay and valleywag.com. There are also several other companies (who wanted to remain anonymous) that are holding off on their plans for and IPO. Of all the whispers and chatter in silicon valley, the most dissering would be the meeting. Details of the meeting can be found here. And if this rumor turns out to be true, then they paint a very dire picture of the economy for the 15 -- yes 15 years.
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