Advice from a venture capitalist for startups during coronavirus

Founders and CEOs must overcommunicate with staff and make capital last

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It is important to consider developing a business continuity plan that is realistic. © AP

As we saw the coronavirus situation unfolding in China and then snowballing throughout Southeast Asia, we knew from experience as investors and former operators in the region that, for some of our founders and CEOs, there would be difficult times ahead and they would need to start acting quickly and decisively.

Those who can steer with thoughtfulness and direction will demonstrate to their employees and investors their resilience and ability to withstand downturns.

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