We've been collecting the most informative links to help you all digest what is going on, and how to weather the storms on the horizon. The optimist in me says this will all be over soon, but the realist says we'll be dealing with the economic effects of this for years to come. So we'll do our best to collect the best information out there once a week, and pass it on to you every Sunday.
Sequoia released a “Black Swan” memo suggested “This might be a time to evaluate [headcount] critically whether you can do more with less and raise productivity. They also followed up with a COVID-19 decision matrix. I’m not ashamed to admit I had a hard time figuring out how to make use of it. If you figure it out, let me know.
Haystack investor Semil Shah published a detailed rundown of his conversations with 75+ investors last week on the outlook for fundraising. This one is definitely well worth your time.
Acceleprise partner Whitney Sales, who also founded TheSalesMethod.com, shared a number of tips with their 100+ portfolio companies that are super helpful for reducing your cash burn, both as a founder and as a company:
- Call your service providers and see what their relief options are. Many are spinning up great programs:
- If you have a good credit score, there are a number of 12-month no-interest cards that you can set up and transfer balances. That will give you some extra breathing room.
Redpoint partner Tomasz Tunguz discussed the six startup disciplines that will become highly important now and in the months ahead.
Earnest Capital wrote an extensive piece on observations from their internal Zoom meeting where portfolio founders shared how they are handling the crisis. Big takeaway is to double-down on things that don’t scale acnd take advantage of the break in growth to focus on improving the product and documentation.
The National Venture Capital Association has put out a page outlining the resources they are lobbying the government to make available to venture-backed companies. If you're looking to take advantage of the new stimulus packages that have been put together, this is the place to go.
Rena Pacheco-Theard, CEO and better half of the married founder team at Boutiq, gave some insights on what it’s like to be a leader and nine-months pregnant in a global crisis.
Stewart Butterfield, CEO of Slack, wrote a wonderful thread on Twitter about what the last few weeks have been like trying to ensure the safety of his employees while San Francisco was getting locked down, the stock market tank, and simultaneous connected user counts of Slack set new records.
Anand Shah, CEO of Databook, took the time to outline specific actions that enterprise sales professionals need to take to adapt in the quarters ahead, as companies buckle down on spending.
A huge round of applause for the female founders racing to respond to the pandemic! [Subscription Required]
And one more thing to brighten your day...