Smash Notes

What Is Next for Startups and Venture Capital

at 1:16:24

From the episode: COVID-19 Political, Economic & Social Ramifications

Answer

The most important thing in business is to not go out of business. The next couple of months are going to be unpredictable. Companies need to reduce their burn rate and prepare to see lower revenues. Raise more money if you still can. A downturn in a market is a great time to work on your company and get everything ready for when the market bounces back up!

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