Chapter
Challenges for Businesses during Economic Downturns
1:18:17 - 1:25:53 (07:35)
The COVID-19 pandemic has caused economic turmoil, and companies are facing challenges in funding and investing. With fewer investors interested in bridging the gap financially, smaller businesses may need to turn to alternative funding options or even put money off their balance sheets to help fund them.
Clips
The speaker talks about the importance of liquidity for employees of companies that are planning to go public, giving examples of companies like Airbnb.
1:18:17 - 1:21:40 (03:22)
Summary
The speaker talks about the importance of liquidity for employees of companies that are planning to go public, giving examples of companies like Airbnb. He also reflects on taking heat for focusing on liquidity and compares fortunes to being made in a down market and collected in an up market.
ChapterChallenges for Businesses during Economic Downturns
EpisodeE0: COVID-19 Political, Economic & Social Ramifications featuring The Production Board's David Friedberg (frmly Founder/CEO, The Climate Corporation)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Some venture firms are still investing and hoping that valuations shift while others are being cautious and suggesting to take time to hit milestones in order to de-risk since uncertainty can trigger more austerity.
1:21:40 - 1:25:53 (04:12)
Summary
Some venture firms are still investing and hoping that valuations shift while others are being cautious and suggesting to take time to hit milestones in order to de-risk since uncertainty can trigger more austerity.