When my grandfather (an entrepreneur himself) asked what this meant for us I said, "We keep going. What else could we do? This will hurt our competitors more than us."
I'd love to see bloated tech companies start dropping like flies. It'd leave such huge holes in the market that just beg for someone to come in and fill them with a lean startup.
I've seen a lot of this attitude lately, so I want to coin a term: startupfreude!
Kind of loses its punch in German since that would only mean "startup joy".
I tried to think of a phrasing that would work for the idea, but nothing came to mind with a similar ring to it. In kind of faux German, Startupschadenfreude, being sure to pronouce "Startup" as "Schtartup" might be amusing. :-)