“So you’ve been laid off. That sucks. But it doesn’t have to.” Those are the first words of encouragement offered up to visitors upon landing at the website for The Runway Project, a new venture that helps recently laid-off individuals start their own companies. Call it small-business networking, recession-style.
Leave it to a savvy law firm headquartered in the heart of Silicon Valley to develop an online tool that actually generates draft financing term sheets for startups using the simplicity of a web-based questionnaire.