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Re: Get Ready for Dot-Com Bust II....It's Coming!
by
Anonymous
It's important to notice the different kinds of companies that are covered in the article you refer to. Rubyred (my company), Laughing Squid (Scott Beale's) and Adaptive Path (PeterMe's) are all self-funded businesses that offer services in exchange for money. We all have reasonably priced office space and solid business models, so there's no reason the think that we'd be destroyed by a slowdown in venture investing (which, I agree, is a bit frothy right now).
The lack of parking in the neighborhood is annoying, but San Francisco is dedicated to having too few parking spaces as a traffic reduction strategy. There isn't enough parking in any neighborhood, and the solution is to ride a bike, get a motor scooter, or take the train to work.
We may be headed for a bust, but the fact that people like to work near their friends and get together for breakfast is not an indication of impending doom. If you're looking for impending doom, check out Valleyschwag.com.
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