by Mike Goodrich | Aug 27, 2020 | 2020, COVID-19, Entrepreneurialism, Financing, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism, Start-Ups
In his essay released on April 18, 2020, in the midst of the COVID-19 Crisis, Marc Andreessen — famed venture capitalist and founder of Netscape — implored businesses, business people, and society to build great new things – in healthcare, in education, in...
by Mike Goodrich | Aug 4, 2020 | 2020, COVID-19, Financing, Small and Medium-Sized Businesses, Start-Ups
Undoubtedly, COVID-19 has devastated the American economy. On July 29th, the Federal Reserve decided to hold interest rates steady in response to a lack of economic growth. While there has been some recent improvement, the Federal Reserve stated that current economic...
by Mike Goodrich | May 29, 2020 | 2020, Birmingham, COVID-19, Entrepreneurialism, Financing, Start-Ups
I am still not sure how COVID-19 will ultimately effect start-up funding, but I do believe that we can safely assume that there will be less of it in the coming years. How exactly will this play out? I don’t know. But the question I have now is whether institutional...
by Mike Goodrich | May 1, 2020 | 2020, Business Lessons, COVID-19, Entrepreneurialism, Financing, Start-Ups
Pre-COVID-19, I told someone that I did not like SAFEs and convertible notes. I wish I could find that person now; I would assume a little more credence. Regardless, for what it’s worth, I didn’t like convertible debt or SAFEs before COVID-19. Now, I really...
