Are the heady times a memory?
"Young technology companies across Southern California and Silicon Valley are scaling back growth plans or laying off employees to brace for a potential drought of venture capital funding as the global economic crisis spreads."
So writes Alana Semuels for the Los Angeles Times this past Saturday.
"While two months ago you could write a plan and raise a million bucks, everyone is holding back," said Steve Mock.
Tech Coast Angels past-Chairman John Morris, OptionEase founder Kim Kovacs, Giftventure's Steve Mock and I source the material for the article, full story.
