How will Silicon Valley startups be affected by a downturn?

Things were tough enough for startups in Silicon Valley before the credit crunch financial crisis because of extremely few exit strategies. There are almost no IPOs, and the M&A market has slowed to a trickle.

The latest Wall Street crisis isn't helping. Here is a some recent articles about the effect on Silicon Valley startups. . .

Master of 500 Hats: Fear is the Mind Killer of the Silicon Valley Entrepreneur (we must be Muad'Dib, not Clark Kent)

Jason Calacanis on "="" class="c-regularLink" target="_blank" rel="noopener nofollow">

Silicon ValleyWatcher: We've been here before - boom and bust in Silicon Valley

New York Times: "Credit Crisis Spreads a Pall Over Silicon Valley"

Sequoia Capital presentation: RIP Good Times

BusinessWeek: "What Will the Crisis Mean for Venture Capital?"

VentureBeat: "How start-ups can navigate through the falling dominoes of the economic crisis"

Content Matters: "How to Survive the Downturn"

/Message: "Jason Calacanis And Thomas Friedman On A Brand New Day"