What Advice Can You Give Start Up Founders?

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i wonder if trump and the current administration would be so quick to say, you know, at we'r just goin to give everybody, we're going to helicopter some money and do this bottom up. i think that andrew yang will be remembered for that uknow, him champion u b i. Ye, it seems very clear that a lot of the concepts that, you know, burney sanders or andrew yang with u b i, in a crisis like this, are clearly an important component. And yet, i still keep talking to start ups who have all this bloat and all this irrelevant spending on things they don't need. That was top down,

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