Crash and the tech startups. User, make your backups now!

Startups? The party is over (tag it just “pink slip”)

We will see mass extinction of some tiny web services – so if you have some assets there, like some thousand relevant bookmarks, pictures or documents on some free service, now is the time to save it on your harddrive. Maybe tomorrow the server is down, maybe not. I have seen this all, when the first dotcom-bubble burst, and it will be just the same procedure. The big web 2.0 services (and Googzilla’s free services) will survive, but maybe will not be free anymore … Next post will be about the good news, the chances of this cleaning up, I’ll try! Interested in the tech sector, advantages of the crisis? For now read 10 Ways the Financial Meltdown Impacts Tech – Seeking Alpha