I don't think the prevailing economic situation can really affect a few guys working hard to solve a problem startup style - people will still use the internet when growth slows. I'm in CT and working on two projects, one on my own and one with a cofounder. I find I work much harder on the one with the cofounder, the desire to not let a friend and business partner down is a powerful motivator! Our project will initially focus on SA, but we're building it in such a way as to be able to internationalise it country by country as it grows. My own project is inherently international; its going to take a while though, real-time clustering with adaptive algorithms is hard! Good luck, I hope you find a lekker cofounder, I have found it really makes a difference!