It seems the start-up community feels pretty insulated from the crisis on Wall Street. According to this article in the NY Times, there is sufficient funding, the credit markets have not affected lending, and many venture-backed companies are not dependent on the financial services or housing industries.
But that’s just all big media news: what’s really happening on the grounds in Silicon Valley? Happy, jolly Google engineers are giving their engineering-labmates-turned-investment-banker friends a call: “Well, I hope investment banking has been ‘more challenging’, ‘multi-faceted’, ‘real world’, and ‘human facing’ all these years. Really hoped you saved some of your bonus for the months ahead. By the way, don’t bother dropping your resume with us: we require at least 3-5 years of coding experience.”