Ways to target recession-resistant companies, Information about quickly-changing private market trends and tips from other experts dealing with COVID-19.
How can founders go about – Scenario planning, fundraising, company restructuring, people agenda, business continuity plan, strategic relationships / M&A, Communication, assessing/managing systemic risks, WFH + redesign of business processes, health & sanitization.
This means that not only were startups raising less capital but they were also selling a higher % of their company for that capital than before the 2008 crash. For example, in 2009, 30% fewer companies raised a Series A. And the companies that did successfully raise – raised 12.5% fewer dollars (a median of $3.5M) and had to sell 25% of their company (78% more). This leaves an effective post-money of = $14M post, basically half the valuation of the year before.
Bain & Company
A guide book for CEOs to follow through COVID 19.