Geoffrey Moore

Valley legend Vinod Khosla knows most of the tech industry's founding fathers first hand. Either he worked with them, competed against them, or later, as a venture capitalist, funded them. He's also a straight speaker. On Thursday, he received an award from the Churchill Club, a prestigious Silicon Valley institution. Khosla was a cofounder of Sun Microsystems, and was a big-time venture capitalist for Kleiner Perkins before launching his own firm, Khosla Ventures. Best-selling author

Over the last few weeks I have written a number of articles re-examining and updating my forecast from the beginning of this year, of slow growth in the first half (possibly even one negative quarter) but no recession, followed by stronger growth in the second half. That examination revealed that there are very real and serious problems with consumer wages, income, and savings. Similarly there are problems with corporate profit growth. On the other hand, there are a slew of data series wh...