Recession at Le Web ’08

End one of Le Web ’08 in Paris ends here. Here are some citations and feelings from today Le Web ’08 that I agree with:

  • We yet have to see the consequences of this economical crisis (during the panel Getting financed in a recession)
  • I hope the market will fall down till people understand what has real value (Paolo Coelho)
  • Recessions give new opportunity. During recession times it’s harder to be finances, but you have less competitors too
  • Solo-leaders would have not built the web (David Weinberger)

If you ask venture capitalists here at Le Web 2.0 if bad periods await us during the next year, most of them don’t deny say no. They are not alone. Paul Coelho is on the same wave lenght.