Unfortunately, as massive as the Congressional relief package it may not be enough to meet the economic tsunami. More importantly, it may not be quick and direct enough. Putting the pieces of the economic and legal elephant together, we see the following problems
Cash injection directly to employees and businesses which can demonstrate valid use of such capital is a needed short term bandage for an increasing hemorrhage of lost jobs and business. Gaming any stimulus package is already happening I believe. Perhaps it is time to think way outside the normal box of government and business interactions, but there needs to be willing parties on both sides of that equation (sacrifices) for real change and progress.
I have enjoyed the fruits of being part of VC funded companies through out my career. I always preferred working within the Private funds sector more than the public traded corporations for a variety of reasons. Transparency at the top of the list I suppose.
Within the last decade or so, I have observed a disturbing trend in lost transparency. Where employees equity in VC ventures has been greatly diminished, limited, and marginalized via the manipulation of non-preferred stock options. Greed at every level leadership. Much like a large monolithic slow reacting public company. My belief systems here are being tested, but faith in anything is always a test.
Cash injection directly to employees and businesses which can demonstrate valid use of such capital is a needed short term bandage for an increasing hemorrhage of lost jobs and business. Gaming any stimulus package is already happening I believe. Perhaps it is time to think way outside the normal box of government and business interactions, but there needs to be willing parties on both sides of that equation (sacrifices) for real change and progress.
I have enjoyed the fruits of being part of VC funded companies through out my career. I always preferred working within the Private funds sector more than the public traded corporations for a variety of reasons. Transparency at the top of the list I suppose.
Within the last decade or so, I have observed a disturbing trend in lost transparency. Where employees equity in VC ventures has been greatly diminished, limited, and marginalized via the manipulation of non-preferred stock options. Greed at every level leadership. Much like a large monolithic slow reacting public company. My belief systems here are being tested, but faith in anything is always a test.