In Case You Missed It: Launch Links - Week of May 3, 2020
Some interesting links we found across the web this week:
COVID-19: CARES Act—Updates to Main Street Lending Program
We at WilmerHale have outlined important updates to the Main Street Lending Program under the CARES Act. This article will bring you up to date on all the ins-and-outs of the program and hopefully bring you some certainty during these uncertain times.
What Makes a Great Pitch
Are you ready to transform your pitch from good to great? While pitching is not a science, there are ways to increase engagement and therefore your chance of a capital raise. In this article, the Harvard Business Review shares four lessons learned from a recent survey of its readers to help you “win the pitch”.
10 Lessons From the Great Recession, the Crisis That Saved My Startup
With the emergence of COVID-19 pandemic, many experts predict that a recession is impending. For many this could mean death; but for some, this may be an opportunity. In this Crunchbase article, the founder of Aggregate Knowledge that faced the 2008 recession provides essential lessons from facing the recession head-on.
How to Pivot Your Startup in Uncertain Times
Last week, Sifted and Microsoft for led a virtual panel with founders on how to adapt during these challenging times. This Sifted article summarizes the key takeaways from the panel to boost your confidence about pivoting your business.
You’re Not Powerless in the Face of a Layoff
The unemployment rate in the US has skyrocketed and is now the worst it’s been since the Great Depression. Losing a job is never easy, but there are ways to face it gracefully to maintain your connections and reputation. Here, from Harvard Business Review, two leadership consultants have outlined key strategies on how to emerge stronger in the wake of a layoff.
Data Show How Some Startup Founders are still Raising Capital During the COVID-19 Crisis
Despite the discouraging funding environment during this COVID-19 crisis, there are many that have secured financing. How do they do it? This article by FastCompany boils a company’s chance of funding down to answering “yes” to these four essential questions: (1) Has the company closed new sales? (2) Have existing customers renewed? (3) Are existing customers buying more? And (4) has all this happened in the last 90 days?
Links compiled by Lugar Choi.