CEO Stokols of online introductory site says he's slowing it down a bit to wait for a recovery It remains a pretty crappy economic environment out there. More than 400 companies of the S&P 500 Index have reported results for the third quarter. All told, earnings per share are on track to fall close to 14% from last year, making this the five straight quarter of declines. To this end, startups remain prudent.Stephen Stokols, CEO of WooMe, is one of those entrepreneurs who's been through a downturn before. He's not going to make the mistake of burning too much cash before the market improves to possibly raise another round or exit."We raised $12.5 million at a Series B, and that money was going to take us 18 months," he said. "We're cutting costs and slowing down a bit ... [ Read more ]