Which ended up being a serious mistake, and miscalculation (or bad prediction) of what happened. Late 2008 early 2009 were not good to raise money or for tech hiring. But by late 2009 and early 2010 things picked up again in force. Google and Facebook got into a tech talent war, and hiring, and funding (of mobile companies) picked up massively.

What they predicted a long 'nuclear winter', was just a 6-9months period.