Last Wednesday, March 5th I had the pleasure to mingle with a spectacular community of smart people attending TMT.Ventures’09 Warsaw: innovators, entrepreneurs, investors, advisors, bloggers and so on.

What else would you want? Oh, maybe a networking dinner the night before, celebrity arch-angel investor straight from Le Web video, 7 minutes contest during the event, great speakers, great lunch and last but not least… flute playing lesson broadcasted via video stream.

So many memories, new businessfriends, old acquaintances refreshed, things to think over. I’ll be relaying those over to you during the next few days on this blog. So stay tuned.

Yes, we are experiencing a downturn. Yes, in the macro-scale it will probably get worse before it gets better. But let’s not worry about the broken financial system or gloomy future of some financial institutions. Let’s not worry about the economy while there are fat juicy opportunities to be harvested out there.

The airheads and smart-asses are gone back to their safe and warm jobs – says celebrity investor Morten Lund. The supply of new and innovative projects is lower so it’s easier to achieve first mover advantage – says Holtzbrinck Ventures CEO Konstantin Urban. Easy UE money is out there for the taking – says serial entreprenuer turned investor Rafal Styczen. Grab whatever is left from your bankrupt competitors’ assets – says Piotr Czublun of CMS Cameron McKenna. Exciting stuff.

So what the heck are we having these conferences for?

Remember what Friedrich Nietzsche said about The Financial System being dead?

The Financial System is dead. The Financial System remains dead. And we have killed him. How shall we comfort ourselves, the murderers of all murderers? What was holiest and mightiest of all that the world has yet owned has bled to death under our knives: who will wipe this blood off us? What water is there for us to clean ourselves? What festivals of atonement, what sacred games shall we have to invent? Is not the greatness of this deed too great for us?

And then good ol’ Friedrich tells us to get together and have a conference before we get to work:

Companions, the creator seeks, not corpses, not herds and believers. Fellow creators, the creator seeks — those who write new values on new tablets. Companions, the creator seeks, and fellow harvesters; for everything about him is ripe for the harvest. … Fellow creators, The Entrepreneur seeks, fellow harvesters and fellow celebrants: what are herds and shepherds and corpses to him?

So let’s get to work and let’s not allow this crisis deter us from being creative and innovative. When the going gets tough only tough get going. And it takes one tough entrepreneur to build anything meaningful. Determination, hard work and lots of good luck – says Morten Lund. Also fellow harvesters and fellow celebrants – reminds Friedrich Nietzsche, famous management coach.

Stay tuned for another transmission from a memoir of TMT.Ventures’09 Warsaw participant.

PS. Here’s how we got into The Financial Crisis:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

» Subscribe to new posts by e-mail