RIP good times: Tech’s chance to build back better

RIP good times: Tech’s chance to build back better
Tech firms all over the world are now facing hard decisions as they seek to adapt to the new market reality. (Image: Getty)
Peter Griffin
In 2008, as Lehman Brothers was collapsing and share prices plummeted, the legendary venture capital firm Sequoia Capital held a presentation for the startup founders it had invested in.The now infamous “RIP good times” slide deck outlined the carnage subprime mortgages and frozen credit markets had created. It was a set of circumstances very specific to that housing-led recession.But the Menlo Park, California, investment firm known for taking lucrative bets on the likes of Apple, Google, Zoom and Instagram, went on to advise tech...

More Opinion

KiwiSaver grow-slow
Opinion

David Chaplin: KiwiSaver grow-slow

The 30-odd KiwiSaver providers must find growth, if they want it, by raiding rivals.

David Chaplin 19 Aug 2025
NZ's sluggish economy and housing challenges
Opinion

Cameron Bagrie: NZ's sluggish economy and housing challenges

House prices are still 40% higher than they were in 2017.

Cameron Bagrie 18 Aug 2025
‘She’ll be right, mate’: SkyCity Adelaide
Opinion

Dileepa Fonseka: ‘She’ll be right, mate’: SkyCity Adelaide

SkyCity Adelaide’s board didn’t meet for nearly 20 years.

Dileepa Fonseka 18 Aug 2025