Comments on: Tech Vendors Gets Hammered In The Journal http://blog.strategicheading.com/2009/01/15/tech-vendors-gets-hammered-in-the-journal/ G. Oliver Young's blog about business strategy and technology. Sat, 31 Oct 2009 14:04:17 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Oliver http://blog.strategicheading.com/2009/01/15/tech-vendors-gets-hammered-in-the-journal/comment-page-1/#comment-204 Oliver Fri, 16 Jan 2009 18:09:41 +0000 http://blog.strategicheading.com/?p=347#comment-204 Hi Susan, thanks for the comment. Its clearly getting ugly out there, though its good to hear that Austin Ventures is still investing. While I would expect things to be quite painful for a while -- my colleague Andy Bartels is predicting a 3% decline in global IT spending in 2009 -- the silver lining is this should set up nicely for an innovation explosion as we come out of the downturn. There will be a lot of talented engineers with time to spend innovating. Hi Susan, thanks for the comment. Its clearly getting ugly out there, though its good to hear that Austin Ventures is still investing.

While I would expect things to be quite painful for a while — my colleague Andy Bartels is predicting a 3% decline in global IT spending in 2009 — the silver lining is this should set up nicely for an innovation explosion as we come out of the downturn. There will be a lot of talented engineers with time to spend innovating.

]]> By: susan scrupski http://blog.strategicheading.com/2009/01/15/tech-vendors-gets-hammered-in-the-journal/comment-page-1/#comment-202 susan scrupski Fri, 16 Jan 2009 14:35:18 +0000 http://blog.strategicheading.com/?p=347#comment-202 Hi Oliver. I thought the same thing yesterday. I was stopping for breakfast tacos at my local waterhole and happened to pick up the local Austin paper, The Statesman. Headlines in the business section were filled with grim tech news. The only good news was the local VC, Austin Ventures, was still investing. Amen for that. See photo on flickr: http://farm4.static.flickr.com/3338/3200818263_051b80e23a_o.jpg Hi Oliver. I thought the same thing yesterday. I was stopping for breakfast tacos at my local waterhole and happened to pick up the local Austin paper, The Statesman. Headlines in the business section were filled with grim tech news. The only good news was the local VC, Austin Ventures, was still investing. Amen for that. See photo on flickr: http://farm4.static.flickr.com/3338/3200818263_051b80e23a_o.jpg

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