Posted on

What Will U.S. Labor Protections Look Like After Coronavirus?

Executive Summary
Tumbling markets amidst the coronavirus pandemic have uncovered deep inequalities among workers, who fall into two groups: those with access to employment protections like affordable healthcare, remote work accommodations, paid time off, and job security — and those without. This second group, which includes the working class, often lack …

Read More

Posted on

Understanding the Economic Shock of Coronavirus

Executive Summary
Economic contagion is now spreading as fast as the coronavirus itself. Social distancing, intended to physically disrupt the spread, has severed the flow of goods and people, stalled economies, and is in the process of delivering a global recession. Predicting the path ahead has become nearly impossible, as …

Read More

Posted on

As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout

Investors seem to be taking a wait-and-see approach to the markets right now, after a bumpy evening where a Presidential tweet and commitment of economic support seemingly sent traders to smash buy buttons before realizing that there was no new substance behind Monday’s night moves.
Economies around the world …

Read More

Posted on

As stocks continue to tumble, what’s ahead for startups?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
The world is a mess today. Everything that trades is down, and sentiment is in the toilet. Even Robinhood is undertaking its ritual downtime, ensuring that its userbase holds through …

Read More

Posted on

A founder’s guide to recession planning for startups

We are living through one of the nation’s longest periods of economic growth. Unfortunately, the good times can’t last forever. A recession is likely on the horizon, even if we can’t pinpoint exactly when. Founders can’t afford to wait until the midst of a downturn to figure out their game plans; that would be like initiating swim lessons only after getting dumped in the open ocean.

When recession inevitably strikes, it will be many founders’ — and even many VCs’ — first experiences navigating a downturn. Every startup executive needs a recession playbook. The time to start building it is now.

While recessions make running any business tough, they don’t necessitate doom. I co-founded two separate startups just before downturns struck, yet I successfully navigated one through the 2000 dot-com bust and the second through the 2008 financial crisis. Both companies not only survived but thrived. One went public and the second was acquired by Mastercard.

I hope my lessons learned prove helpful to building your own recession game plan.

Source: TechCrunch