Soaring Venture partner Steven Elefant says today’s tough times are great for entrepreneurs I recently caught up with Steven Elefant, a partner at Soaring Venture and an angel investor, at the Keiretsu holiday party recently. The interview sheds light on the investor mindset these days. It's no surprise that he predicts a challenging year coupled with long recovery. Elefant thinks the economy will turn a corner in 2010, given than this time a recovery will take a lot longer than the bubble-driven crash of 2000. The good news is that it's been a lot cheaper to build a business given the breakthroughs in technology and infrastructure hosting. His tips to entrepreneurs are to focus on their core business, and get back to basics to build a business. On the positive side, he does believe that ...   [ Read more ]