Two weeks ago the renowned VC firm Sequoia Capital gave their portfolio CEOs a presentation on how startups should deal with the bad economy. In the presentation, the “entrepreneurs behind the entrepreneurs” gave some good advice any startup should follow in good and bad times (for example, “spend every dollar as if it were your last”).

In reply, Silicon Alley Insider produced a presentation which, while a parody, also has some great advice hidden within.

Of course, there are still many good reasons why you should start a startup in a bad economy.

via I Will teach You To Be Rich