“New Contact Information”

Reprinted from our sister blog at www.reboundpost.com:

How many emails with this as the subject line have you gotten lately? I seem to be getting about two a day. Everyone is moving around. In a good number of cases it is people who were laid off finally finding new employment. This is a good sign even while the unemployment numbers remain high. In other cases it is folks who aren’t doing much at their current job and they see the writing on the wall and look for something better, or at least different. Another category are folks that were on their own for a long time and suddenly join or rejoin a larger business. That is either because things were so great they needed more support, or more commonly so horrible they had no choice but to “find a job.”

This is no more true than in the world I live on dominated by PIPEs, reverse mergers and other alternatives to traditional IPOs. Lawyers, hedge fund guys, investment bankers and on moving around like crazy. This shifting of the deck chairs has some interesting consequences, and it has seemed to strengthen those able to hire and put at great risk those that don’t.

For me? I did recently rename my firm and expand its capabilities after a separation with several partners whose successful business created a number of potential conflicts with mine. But I’m still here in the firm I founded in 1996 and business is definitely picking up. What will the future bring? As always I have not the answer. To those moving, congrats and good luck! Sometimes change is good. Hopefully most of the time..

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