Is It a Virus or a Crisis?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

In asia, didn't everything reopen in the 60 to 90 day window, or 90 days after for sure? Ye if you look at china and japan, this crisis really hit them hard at the end of january. We're not dealing with it the same way in our country, and so i think that's a risk point. But you look at the way the berry as dealt with it, and you have to be proud. I mean, so far so good. Now, the worst may yet come, but so far we've certainly avoided like what's happening in new york which is terrible right now.

0:51 Jason gives some thoughts on quarantine & intros GGV's Jeff Richards
5:11 What will this crisis look like on the other side? Benefits of having a levelheaded approach
11:38 What has Jeff seen from his seasoned portfolio founders who went through the 2008 crisis?
16:21 What advice does Jeff give to first-time founders in his portfolio?
22:22 Investor panic & differences in opinion between independent & investor board members
25:50 What could inexperienced board advice be in a time like this?
30:45 What is GGV's typical check size, how many startups do they invest in per year, and how are their funds divvied up between early-stage & growth
33:26 Chances that current deals could be renegotiated? How can founders price themselves properly?
38:05 Jeff explains liquidation preferences
42:52 How should companies approach taking venture debt in a time like this? What is Jeff's criteria for taking venture debt?
51:11 If things are going poorly, what are some things founders can do to right the ship? Examples of great pivots that saved companies
57:58 What is Airbnb's roadmap from here on out?
1:02:12 Why Jeff doesn't get enamored with IPO valuations & why he is long tech
1:08:18 Thoughts on Zoom, anti-trust laws & more