11/09/2008 05:12 am ET Updated May 25, 2011

"R.I.P. Good Times" -- Crisis Hits Startups

Even the most blissed-out startup entrepreneur has got to have a sense of what's happened to the economy in the past few days -- and what that's going to mean for their business.

But just in case they're not getting the picture, some of Silicon Valley's most prominent investors are now shouting from the rooftops.

Sequoia Capital, best known during this bubble as the guys who backed YouTube, gathered some of their startups Tuesday for an emergency meeting. "The attendees were greeted by a cute image of a Grave Stone, with a message: R.I.P.: Good Times," Om Malik reports.

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