No need to panic, but a rough road is ahead Apply brakes cautiously. But don't hit them hard just yet. The drums are beating. Dotcoms become dot-bombs.
Venture capitalists stop venturing into risky business.
Recruiting woes turn into layoffs. Expansion plans contract. Contracts go unfulfilled. Just the other day in a casual conversation about workplace perks, a hard lesson emerged. Don't talk about game rooms or flex time or recruiting incentives anymore.