These days it’s easy to get caught up in news of layoffs and troubled startups, that’s why Tom Foremski’s latest post in the Silicon Valley Watcher Boom Watch Series is a welcome change:
“There are some diamonds out there–companies that are doing very well amid the gloom.”
In the article, Tom features Voce client Splunk, that specializes in IT search, as an example of a startup doing well despite the down-economy.
Splunk CEO Godfrey Sullivan, (former CEO of Hyperion, acquired by Oracle) even shared his tips on how to succeed in a recession. He suggests remembering the value of being realistic with boards of directors and setting their expectations accordingly. He also says “it’s important to have a ‘Plan B’ just in case.”
We’re hearing a lot of media still hungry for positive stories like Splunk’s. What is the best advice you’ve heard lately about how to survive/succeed through the recession?