Recession Winners and Losers

Chris Yeh of Adventures in Capitalism answers the question: “Who are the winners and losers when an economy is in recession?

Losers

  • Conferences
  • Consultants
  • Advertising-driven Companies
  • Angel-funded Companies
  • First-time Entrepreneurs/First-time VCs
  • Anyone looking for money

Winners

  • Online Porn/MMOs/Virtual Worlds
  • Low Cost Providers
  • People With Cash
  • Bootstrappers
  • Liquidators

As Chris says, “if you have a bootstrapped online porn company/liquidator that uses aggressive offshoring to reduce costs, drop me a line. I’d be interested in investing.”

via I Will Teach You To Be Rich (Newsletter)