Part of Series
Crisis Innovation
The economic depression of early 2009 is a great boon for venture capitalists, and an even better time for aspiring entrepreneurs. So says Tim Draper, Founder and a Managing Director of Draper Fisher Jurvetson, who points out that some of the globe’s most dominant brands were initiated during depressions and recessions, benefiting from thinner competition and a world afraid to move. If future business leaders have an idea on how to flip the status quo, this, says Draper, is the time to pursue it.
