Sánchez-Ocaña Alejandro Suárez. Entrepreneur and Business Angel of the Internet and new technologies sector.
![]() | |
| |
| |
Shit. It was in L
The year was 2007, and many have thought that things were going to get difficult. Most "class liberals" believed that we were soothsayers and would not make the river of blood. Unfortunately they were wrong and that the rest is history.
Months passed and arrived at 2008. Bar conversations, blogs, in the street and no doubt ultimately whether or not there was a crisis, but that curiosity led us to assess how serious. With a drawing in the most optimistic say V, U or L ..., drawing most feared, that ends in a long recession before departure.
I guess I am not and never imagine it could be. The past two years I've feelings. There have been times when I thought we had bottomed out and that everything has already improved, albeit slowly and appeared weeks or months after the well had no substance and were still down.

In recent months it seemed that everything was better, and I remembered an old post I published some time ago, " Closing the tap . " I had to turn the page, re-invest in projects in third and take some risks. That led me to invest in three Internet projects, a biotech, and in addition to a traditional media (but with a future and synergies in the Internet) in the last 3-4 months. That is, I have closed five investments since May. More than he had closed in the last two years in just a few months.
I just commented and posted one of those investments ( BlackBio 2B ) and the founders as reported in press release. The rest, some already signed and others are not yet pending minimum fringe, has just closed the last few weeks but are already bespoken. In fact, today at a meeting in Madrid 1200 will close unless new one.
During these two years have seen many projects that I like and some I look forward to, and sometimes I had the opportunity to participate in them, but I felt a little stiff and I did not. While he believed all gradually improved, that the crisis into a graph of U and would leave soon. In fact, I took precautions as soon as I feared it coming, it seemed logical that the first rays of sun I rush to bet on projects that I like and I also seem to make much sense.
I thought it was time to open the tap. I say seemed because in recent weeks the macro numbers, the data get to know the situation of enterprises, the feeling of familiar people, the evolution of my own companies and investees, and personal perception is that it was a mirage a brief rally but still in the hole. I do not think things will get worse, but when it seemed that the trend was drawn up, it seems that we again lost the momentum that we caught.
Right now, I have cooled again, it may be only temporary to get momentum, again I feel I must slow the pace of investment and not to expose the economic risk in the coming months. We live based on feelings, feelings that are close to the surface because everything looks like a roller coaster. And my feeling now is as if he had finished a holiday weekend, and we stayed with a huge hangover, giving head turns, assuming that we go back to the sad thought, "shit, was in L"
Tags: crisis , crisis in l , for U.S. crisis , crisis in v , lyrics , out of crisis
3 Responses to "Shit. It was in L "
Leave a comment.
No articles





















Alexander
I agree with your analysis and sensations. The financial class and politicians have been trying to convey a recovery that fails to materialize in the real economy. The excesses have been so many over decade and a half, that recovery will not be easy. To give an example of a single sector, in my opinion in the property (great weight in Spain) are very far from having made the necessary downward adjustment. For various reasons not set fast enough, deep down, and now the horizontal line L can last a long time (L___). Do we prefer the coma patient to intervene or let him bleed to death slowly?
It is also true that, unfortunately, in Spain we have a situation particularly worrying. Firstly because he would not see the reality at the time (October 2007: what sounded conventional public opinion and media injections into the financial system). Secondly by not taking (yet!) Measures brave enough.
We have added over a dangerous risk. In this situation, as you say possibly touch remain conservative investments in Spain. So companies and entrepreneurs have more incentive to boost business and invest in attractive markets. Was not about or what one or the other, we risk losing a new train.
I do not go to talk about "economic model", which gives for free.
Thanks for sharing, Alejandro.
A hug.
I do not remember the time of the graphics ... Although I think I still suffer hallucinations with the words that Mr Zapatero told the masters of marketing: "is not a crisis, you call him recession." That was almost a year.
By the way, I fully agree with the comment Oscar.
think if you read the L in Chinese, is quite the opposite. Patience is the mother science