Another data point/observation on the current state of things, courtesy of Jason Calacanis' latest [Jason] post (email only, sorry no link)
We're interviewing for sales people in Los Angeles right now andI'm shocked at the quality level of folks on the market. Tyler interview 30 folks and I got to sit down with the top 12. Of those 12 I would say 10 were hires. Of those ten half of them were the kind of folks that just don't normally come on the market (you know, the folks that are recruited from job to job). It was totally shocking for me. In 15 years of being an entrepreneur I've never such a dense pool of such of talented people--something is VERY wrong with out economy. Also, the last two trips/four times I've been in the airport it's been a ghost town. Very strange to go from long lines and packed flights to short lines and people laying across the aisle sleeping.
2002 was something like this - lots of high quality people available. The contrarian in me says this might be a good time to start a business.
Here's hoping to 2010 is better ...