Excellent point. In the last 'big one' (2000-2002) I worked for a startup that actually benefitted from a falling stock market. (The bond market rallies, which brings down mortgage prices; you may be able to figure out what industry this is.)
I didn't feel the crunch much at all -- lucky me. But it's hard to be oblivious to it when your friends are having problems and the Valley is getting press for holding so many Pink Slip Parties.
I didn't feel the crunch much at all -- lucky me. But it's hard to be oblivious to it when your friends are having problems and the Valley is getting press for holding so many Pink Slip Parties.