6min chapter

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Shutdowns, Stimulus Measures, & Small Businesses

a16z Live

CHAPTER

How to Deal With Dupes, Duplications?

A government programme that put a trillion dollars of capital in the hands of small business is helped, but it was a really painful product construct. The original intention was keep employees on the pay roll, and then we'll make it a grant. And because there's no mass grant making programme anywhere the united states, it had to go through the s b a. So everything about the way the technology worked, the law was written, was convoluted and had to be reconstructed on the fly.

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