Scredit Crunch

Taneli Tikka, a regular of the Finnish startup scene, posted some of his own thoughts to counter the doom and gloom of these times here

In the comments you can find some of my own thoughts from the perspective of Scred. I firmly believe that this offers both a window of opportunity and a huge challenge for us. Scred is basically about money. Managing it and accounting it. Something you will see fleshed out more and more as time goes by, and something that will be especially relevant to people right now. However, it does pose serious challenges for a startup with low revenues and one currently building up a seed round. My main solace for that is that the founders are some of the smartest and most ambitious people I know. We are all working hard to reach our potential.