Laying people off is bad for everybody involved. Rather than lay them off, find other ways for them to work. This is a time eeve to provide secure employment for folks. Just beause youre leting somebody off does not mean youhave to treat them disrespectfully or callously. Ifi someone had to leave my team for any reason i would really hard to help them get placed in a new place. You got to do what's right and trust that you're going to be judged in the long run,. Even though its going to be painful in the meantime.
0:52 Jason intros Eric Ries and they discuss how things have been since shelter-in-place started
8:33 What good will come out of this? Will UBI proponents like Andrew Yang be proven right?
10:12 Eric's advice to today's founders after living through the 2008 recession & the dot-com bust
15:53 Eric describes the obligations of leaders during a crisis of this magnitude, what the test-and-trace method is and how it's effective
25:02 Do authoritarian countries have an advantage in handling outbreaks better than democratic countries?
28:45 Jason & Eric reminisce about 2011 in startup-land
30:38 Tactical advice for Founders in an economic downturn
39:52 Eric explains what he is doing to help at: https://schoolclosures.org/
44:11 What is the Long-Term Stock Exchange?
48:57 Thoughts on private companies giving equity options to contractors
53:00 More tactical insights for founders: handling layoffs, figuring out new revenue opportunities, capitalizing on silver-linings, extending runway, etc.
1:01:01 Amazon & Lyft partnering to help each other, Bird's layoff approach, extending runway by trading cash for equity
1:12:21 Eric's thoughts on the future of capitalism