It's definitely possible that the "fundamentals of business are effected by the short-term economy." Good point. I just didn't see that point being established

It's definitely possible that the "fundamentals of business are effected by the short-term economy." Good point. I just didn't see that point being established in the VC post, at least not well. It seemed much more focused on opportunities in equities. Maybe I need to read it more closely. It just seems to me that if you a product that can produce the sort of returns VCs are interested in, it should be valuable enough to customers that it could do well in virtually any macroeconomy. Google, for example, launched its cash cow AdWords just after the first dot-com meltdown.