yourstory.com –Handling a downturn has very little to do with what you do when the downturn starts, but a lot more to do with how you built during the boom. At the start of a downturn, if you’re asking “What do I do now?” It’s probably too late.
We are optimists. As venture capitalists it’s in our nature to focus more on the “what if” over the “why not”. This enables us to take risks and dream about the world in a unique way. It helps us relate to entrepreneurs and have the right temperament to start new businesses. Despite our optimism and risk-taking nature, once we invest in a business, we become the pessimists at the table. Having lived through cycles, we have learnt that we have to balance the euphoria of the new with a sense of caution about the realities of the world.
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