Friday, April 24, 2020; 11 a.m. EDT.
Given the reaction to our "Guidance For Startups/VCs From VCs Around The Globe During COVID-19" (published one month ago), we’re hosting a two-part Webex to discuss with the VCs featured in the article how their guidance/thinking may have changed and what’s coming next.
Five of the VCs we interviewed will participate in Part 1.
Topics will include:
- Down rounds
- Pay-to-play
- Liquidity
- Shoring up portfolio company
- How startups can shop for VC funding during the shutdown
Names of panelists to follow.
Note: We published an article in Forbes on how to consider the consequences of applying for a PPP loan from the vantage point of several of us having prosecuted post-9/11 and post-Hurricane Sandy relief fund fraud claims. This is especially timely as CNN has reported that Shake Shack gave back their loan in light of public outcry. Similarly, Lowenstein's Kathleen A. McGee (former Bureau Chief New York Attorney General’s Office) and Ed Zimmerman were quoted in the The New York Times on this topic on April 17, 2020, and in the The Wall Street Journal on April 21, 2020 ("Silicon Valley Debate: Should Venture-Backed Firms Take Stimulus Money?").
If interested, email venturecrush@lowenstein.com for more information.
To see our other material related to the pandemic, please visit the Coronavirus/COVID-19: Facts, Insights & Resources page of our website by clicking here.
