Martin Varsavsky

Martin Varsavsky is a famous serial entrepreneur who's founded 7 companies and is currently founder/CEO of FON the largest wifi network in the world. (Google + Skype are behind FON as its investors, btw).

Martin is also an investor in Dopplr where I have had the privilege to work with him a bit. He is known from his contrarian opinions and quick wits. For example in a recent article to the Huffington Post Martin is writing that "I believe that over the next 20 years, many of these "worthless" mortgages will turn out to be very valuable and partly or fully repaid.", which goes pretty much against what everybody else thinks on the issue.

He just sent an very interesting video to Seesmic 45 minutes ago:

Lunch with BankersBankers are so scared. I have never seen anything like this. Of course everyone else is scared as well. In this video I talk about my last meetings with different bankers.

Martin is telling us that bankers have never been this scared, and is throwing the big scary word "depression" around a few times, quoting that for example Nokia's stock is down for almost 70% already.

Interesting times indeed, and its great to hear the latest directly from Martin here.

Curiously enough Seesmic is one of the web 2.0 startups who is hitting the brakes full time with fresh layoffs. Do you think that this severe "doom and gloom" will hit Finland, or can we somehow weather the storm and just see it pass by?