When I chat with my VC buddies, rather than asking me, "Have you seen any good deals lately," they ask me, "Can you give some advice to my porfolio company?"

Not a good time to raise money if you're an entrepreneur. But as a very wise saying goes, "This too, shall pass."

Look for a major recession-themed post in the next week or so. I'll tell you exactly who's going to get whacked, and how you can beat the heat.</img>