This Week in Startups E1 All-In with Chamath Palihapitiya & Jason Calacanis: US Response to COVID-19 & Impact on Startups, Venture Capital & Public Markets with David Friedberg
Mar 19, 2020
The discussion kicks off with opinions on whether the U.S. overreacted to COVID-19, followed by insights on potential treatment options and quarantine strategies. A tense market backdrop adds urgency as they explore how startups and venture capital are impacted. The need for mass testing is emphasized, alongside debates on corporate bailouts and ethical responsibilities. They contemplate the strain on the healthcare system and the implications of globalization, ultimately pondering what reopening restaurants might look like amid evolving health guidelines.
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US COVID Response Considerations
- The US COVID response must consider health, policy, and market impacts.
- Containment efforts have economic ramifications, especially for small businesses, travel, and energy sectors.
Factory Shutdowns and Food Security
- Ford and GM shut down plants due to worker fears, setting a precedent for other factories.
- This raises concerns about potential food security issues if food production and distribution are affected.
Asymptomatic Spreaders and Fatality Rate
- Emerging evidence suggests a high number of asymptomatic COVID spreaders.
- This may significantly impact the actual fatality rate, necessitating broad testing.
