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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (42794)6/3/2008 8:47:45 AM
From: stockman_scott  Read Replies (1) of 57684
 
He is called the Warren Buffet of the internet world. He wrote a cheque for Google, when it was still a garage operation and he is also the founder of Sherpalo Ventures. Ram Shriram is a web evangelist and an entrepreneurial guru and could be sitting on the next Google!...and he clearly says that Recession is best time to invest...

Ram Shriram, Founder, Sherpalo Ventures, and Board Member of Google, said this is a great time to invest. "Recessions are when great companies are built. If you look way back at Microsoft in the 80s, Cisco in the 90s, and then Google in the 2000-10 period, these were companies that were essentially born at the depths of the downturn, because that is a great time to hire people and it is a time when valuations come back down to normal levels."

more at:

moneycontrol.com
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