Labor/Employment,
Corporate
Apr. 2, 2020
Startups: surviving the Black Swan of 2020
Most of California is now suddenly sheltering in place under local orders to combat the Covid-19 virus and the economy has entered the long anticipated recession. Even before the shelter rules shut down many businesses, the Silicon Valley venture capital firm, Sequoia Capital, issued a memo noting that companies have seen their growth rates drop sharply and are likely to miss their 2020 first quarter goals because of the virus.
Roger Royse
Founder
Royse Law Firm
149 Commonwealth Dr, Ste 1001
Menlo Park , California 94025
Phone: (650) 813-9700
Email: rroyse@rroyselaw.com
Roger works with companies ranging from newly formed tech startups to publicly traded multinationals in a variety of industries.
While most of California is now suddenly sheltering in place under local orders to combat the COVID-19 virus, the economy has entered the long anticipated recession. Even before the shelter rules shut down many businesses, the Silicon Valley venture capital firm, Sequoia Capital, issued a memo to its portfolio companies titled "Coronavirus: The Black Swan of 2020." In that memo, Sequoia notes that companies have seen their growth rates drop sharply and are like...
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