Comments on: Tough week for Doug Richard as Library House hits the rocks

By: Adam Arnold

Adam Arnold — Tue, 23 Dec 2008 22:28:09 +0000

I was aware of the Library House collapse, but not of the other two. It will be interesting to see how Doug picks himself up from this – I very much doubt this will be the last we see of the Dragon!

By: Crowds Are No Wiser Than They Ever Have Been | WOWNDADI

Crowds Are No Wiser Than They Ever Have Been | WOWNDADI — Tue, 09 Dec 2008 18:52:47 +0000

[...] a rebuttal. VCs and Angel investors are certainly struggling, blows have been felt even byÂ big name entrepreneurs like Doug Richard. Does that mean the end of the VC world? Of course not. Models are shifting – for exampleÂ Scott [...]

By: Richard Boyd

Richard Boyd — Mon, 08 Dec 2008 19:45:09 +0000

Thanks Alex, likewise for yourself, friends and family.

By: Alex Bellinger

Alex Bellinger — Mon, 08 Dec 2008 18:21:51 +0000

I really hope yours and other businesses can find a way to hang on in there. Good to know you’ve got fingers in more than one pie though – sounds like a smart move. Meanwhile my fingers are firmly crossed.

By: Richard Boyd

Richard Boyd — Mon, 08 Dec 2008 18:08:37 +0000

Yes things will be very painful, after Xmas is when I expect to see some seriously horrific statistics, if not and I will be absolutely overjoyed if Iâ€™m wrong, then itâ€™s fingers crossed and carry on. Otherwise we are looking at a wind down and sell off of stock by June.

By: Alex Bellinger

Alex Bellinger — Mon, 08 Dec 2008 17:32:01 +0000

Gordon Brown’s got a lot to answer for, but so have the banks and the public. To me the chart I compiled in June says a lot http://www.smallbizpod.co.uk/blog/2008/07/04/long-boom-long-bust-why-business-could-get-brutal/
… I agree things are going to be painful.

By: Richard Boyd

Richard Boyd — Mon, 08 Dec 2008 17:26:34 +0000

Sorry should have added, keep up the good work.

By: Richard Boyd

Richard Boyd — Mon, 08 Dec 2008 17:17:53 +0000

“Bitter about Gordon Brown, though”

Sorry Alex I nearly choked on that statement with the pound currently @ 1.146 against the Euro, if that isn’t a clear sign to all of us that the world thinks Brown’s policies suck there will never be a clearer sign.

I feel sorry for Doug but I have to say all around me clients, friends…95%+ of people in business that I am in contact with are very very worried people.

I have never been so glad that I run two companies. Since I took on Safety Scene, which at the time seemed like a terrible burden because I was so strapped for time and energy but without it and in this climate instead of aging about 10 years in the last 10 months I think I would have aged 20.

By: Alex Bellinger

Alex Bellinger — Fri, 05 Dec 2008 21:38:15 +0000

Thanks Dan, I found him pretty relaxed, although perhaps philosophical in hindsight is the best description. Bitter about Gordon Brown, though.

By: Dan Wilson

Dan Wilson — Fri, 05 Dec 2008 20:20:29 +0000

Alex,

Fascinating teaser for the podcast leater in the month.

I’m personally intruiged by how he seemed as a man in a difficult time. It’s always fascinating to think about the human response to such situations at these.