The United States economy experiences a recession (or other economic downturn) during the first three or so years of every decade. The capital supply to the private markets becomes restricted, primarily because lending is restricted, which reduces the leverage a buyer can achieve and lowers valuations as well as limiting access to working and investment capital.
The Rise and Fall of a Software Startup
Who hasn’t heard of a great idea going belly up, especially in the volatile world of software startups? Ever wish you could get a download from those entrepreneurs about what went wrong and how to avoid the same fate in your business? The fine folks at the Tech Incubator brought us a presentation by Al Davis that proved to be a candid and unassuming walk through the rise and fall of a software company that ultimately closed its doors returning a mere fraction of shareholders’ capital.


