I heard an interesting talk at Startup Rockstars last week (an event hosted by Viget labs in Arlington, VA) given by Jonathan Aberman of Amplifier Venture Part

I heard an interesting talk at Startup Rockstars last week (an event hosted by Viget labs in Arlington, VA) given by Jonathan Aberman of Amplifier Venture Partners. Speaking about how the current economic "dip" will affect startup funding, he said that the current situation is a result of people investing in completely un-transparent things, and then not being able to untangle the mess. He went on to say that funding for entrepreneurs will not dry up because people are searching for transparency in their investments, and what is more transparent than one or two guys working on an idea in a garage? On the other hand, he said that bigger funding will be harder to get. Finally, he echoed Sequoia in that the goal now is to become profitable and to make your company last, and let economics drive your competition out of business. It seemed like a reasonable analysis to me. Any thoughts?