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...
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...
Apr 17, 2020 | 2020, Entrepreneurialism, Small and Medium-Sized Businesses, Start-Ups
Originally posted on Mike Goodrich’s LinkedIn page Since we are still in a humanitarian crisis, pontificating on the financial crisis remains conjecture and speculation. Of course, however, as we work from home, readjusting our near-term schedules and work...
