The scrutiny of both the plan and the key management team will increase sufficiently enough to manage downside risks. It will also be important for those that went down with the ship to determine whether the pain caused by the sinking was greater than the rush that they felt when they were building it. Strategic financial and human capital partners will be required to weather the storm. It will also be important for those that went down with the ship to determine whether the pain caused by the sinking was greater than the rush that they felt when they were building it. If the positives lie on the side of the start-up, it is important not to try to rush back to the safe harbor of an establishment.
Rewards still await the second round of pioneers.
On the flip side, the survivors have to look long and hard at their intellectual capital and ensure that castaways from the storm are only taken in after significant due process. The firms that stayed out of the first New Economy wave have another quandary. This is certainly uncharted water. The Captain of the ship is going to need a good vessel and sea-worthy sailors. Some ships are even going to need new Captains.