With all the hand wrining over the markets, what is really going on?
This powerpoint deck explains it really, really, really well.
http://www.docstoc.com/docs/1822343/Sequoia-Venture-Capital-Warning-to-CEOs
Most interesting and informative thing I've read on this crisis by far.
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Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.