From statesman, December 29, 2008...
I don't think I've met a more optimistic venture capitalist than Jimmy Treybig. This is a guy who sees opportunity everywhere, even in a down economy — especially in a down economy.
But lately I've been hearing that even Treybig, an Austin-based venture partner with New Enterprise Associates, is worried.
So when I set out to survey Austin venture capitalists and entrepreneurs about their predictions for 2009, he was the first person I called.
"I'm not at all negative," he told me, "but I'm saying it's a different time, and you better react to it. You've got to survive with less money and plan for the worst."
Treybig predicted that the recession will spur the creation of some promising Austin startups in 2009.
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