
E40: “Angel” Podcast: Jeff Richards, Managing Partner at GGV Capital shares lessons for founders & investors from 2008 recession & Dot-com bust, criteria for taking on venture debt, valuing companies in a down market & more
This Week in Startups
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Navigating Economic Turbulence with Board Expertise
This chapter explores the critical role experienced board members and investors play in guiding founders through financial downturns. It highlights the importance of cash flow management, developing realistic financial scenarios, and the value of having independent board members free from conflicting interests. The discussion also addresses the generational gap in financial experiences and how differing motivations affect decision-making during turbulent times.
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