If you ask John Chambers, the startup world is about to be hit with cataclysm: Within the next two years, at least a third of all startups will die.
"The market got way overheated," Chambers said at the TechSurge Summit event Monday at Mountain View's Computer History Museum."We tend to forget about every ten to 20 years our lessons learned that would repeat with the dot.com bust." And such bad times can offer opportunities for both investors and the companies that are strong enough to hold on. Some of the companies he backs will have a chance to make acquisitions, for example, he said.
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