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It looks like 2009 is going to be an “interesting” year, with many people – particularly those in the media – continuing to spread their tales of fear, uncertainty and doubt.  However, those who have learned from the lessons of past downturns, will be looking to turn this time to their advantage, with the rallying cry of “let’s not waste this opportunity!”

At the recent Venture Summit Silicon Valley, Tim Draper reminded us that for every financial downturn, from the Vienna stock exchange crash in 1873 through the Great Depression of the 30s, the Cold War of the 50s, and the dotcom collapse of the early 2000, great entrepreneurs have embraced change and driven innovation and the economy to new successes.

This time is no different, so while many businesses will indeed stumble and falter, innovation is relentless and will continue unabated.  Innovation will continue to grow, exponentially and globally, with predictions that the changes it will drive in the next 15 years or so will influence our lives as much as all the innovation that happened during the 20th century.

Draper's message was that we must never forget that entrepreneurs are great heroes. They create new jobs, they build value from nothing, they make our lives better, and they rebuild the economy. 

So don't panic. We're all in this together, there are any number of silver linings to the current cloudy skies, and SVASE is here to help you make the most of them in the coming year.

Best wishes for a happy, and prosperous, New Year!

Chris Gill, President & CEO

 
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