This Week in Startups E1043: News Roundtable! Bloomberg Beta’s Roy Bahat & Coelius Capital’s Zach Coelius on how tech is helping during the crisis, how startups should approach SMB loans, when VC funding will bounce back, Notion’s $50M raise, Zoom’s security issues, Luckin coffee & more!
Apr 7, 2020
Roy Bahat, Head of Bloomberg Beta, and Zach Coelius, Managing Partner at Coelius Capital, dive into the tech landscape's response to the COVID-19 crisis. They discuss the timeline for returning to normal, how startups can access crucial loans, and the potential bounce back of VC funding. Concerns about Zoom's security and the shocking fall of Luckin Coffee highlight the risks in today's market. The duo also explores Notion's impressive $50M raise, signaling optimism in tech investments amidst uncertainty.
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COVID Cases
- Zach Coelius knows a couple of dozen people who tested positive for COVID.
- None of them were admitted to the ICU so far.
Return to Work
- Wear masks outside to combat COVID-19 spread.
- Implement tiered return-to-work strategies, potentially starting May 1st.
Leadership Void
- The lack of national standards in the US COVID-19 response is problematic.
- Tech companies fill the leadership void by implementing work-from-home policies and coordinating testing.