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The dollars and cents of raising VC during the coronavirus pandemic

The dollars and cents of raising VC during the coronavirus pandemic

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/03/09/the-dollars-and-cents-of-raising-vc-during-the-coronavirus-pandemic/

The novel coronavirus is raging across the planet. Millions are quarantined, the stock market is violently gyrating and one of the preeminent VC firms in the Valley is back to saying RIP Good Times. The daily stream of news is terrifying, and we are going to learn even more in the coming weeks.

For founders, the biggest challenge is inoculating their teams from the vagaries of the market so they can do their jobs, continue building momentum against this market adversity and, ultimately, ensure there is enough cash in the bank to avoid layoffs and sustain their company for growth.