Building a Global Company During a Tough Time
Submitted by Joshua Weissburg on Wednesday, November 26, 2008
To be sure, a recession poses plenty of challenges to a young company like RENEW. Many investors will hunker down and focus on businesses and business models with which they are comfortably familiar. But, as Daniel Roth of Wired writes (Back to the Garage: How Economic Turmoil Breeds Innovation), the instinct to turn insular during economic difficulty leaves the playing field wide open for up-and-comers: