More than 25 Y Combinator companies are focusing on fighting Covid-19. Here's a list of what they're doing, and how you can help them:https://www.ycombinator.com/covid
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Paul, what’s the best advice for startups to survive this crisis?
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You don’t need to become profitable. Just cash flow positive. There are many ways to become CF positive and not profitable. But probably the easiest way for a company that has PMF is to switch to annual only plans. No monthly plans. Negative working capital. Worked for my last CO
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Killing dozens of small companies not able to pay the yearly plans? Good plan
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Most startups take years to get profitable... Are you suggesting that the venture/startup model will no longer work?
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well, he did write the ramen profit essay quite a while ago
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Ok Boomer
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Could I please propose a variant of that: be useful. Here in Australia businesses are preparing to pivot, or have already, given the circumstances. E.g. restaurants, caterers and cafes following the takeaway or delivery only, or clothes makers preparing to make hospital scrubs
Thanks. Twitter will use this to make your timeline better. UndoUndo
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