
Saved by Tom White
How does Early-Stage Venture Capital Perform in a Recession?
Saved by Tom White
In downturns, good salaried jobs are hard to find, because nobody is quitting. So good people (and cheap assets) are plentiful. The absence of cheap, easy capital means the concept has to work from day one. Founders in downturns imprint a more disciplined DNA on the company’s culture—they have no choice. Clients and consumers are also more open to
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