Great new insights from Omid Rahmat, on the recession and how it affects startups
July 10th, 2008 by Benjamin KuoFor those of you who do not know Omid Rahmat, he’s the former CEO of the immensely successful technology publication Tom’s Guide. I’ve been lucky enough to get to know Omid over the last year and get a slice of his insights and knowledge. Omid’s penned a new article for our insights and opinions section, on Succeeding in a Recession, which is well worth a read.
Yes, we are in a recession. Maybe not a textbook definition of one, but textbooks tend to be behind the times. So, we’re in a recession. You can feel it. You can see the change in the business climate. Interestingly enough, those who have the resources – secure funding, or wealth – are relishing the inherent contradictions of the marketplace. They know that this is a time of great opportunity.
