Richard's experienced bankruptcy, and there's a way to avoid that - preserve cash We've heard it time and again, and well, you're going to hear it again. This time from Demand Media co-founder and CEO Richard Rosenblatt, who's been an entrepreneur many times over, has succeeded and failed, and lived through downturns. "Get your costs as low as you can," he said, while we were both at the Web 2.0 Summit in San Francisco this week. Richard started his first company - an online shopping mall - back in 1994, right after graduating law school, and has had a lot of success as an entrepreneur. He was the Chairman of MySpace, which he sold to News Corp for $580 million. Admittedly, Richard says he's had a lot of failures, including the time he tried ... [ Read more ]