"Without action, hundreds of our brightest startups will likely not survive this economic crisis."https://www.thetimes.co.uk/edition/business/start-ups-fear-being-left-on-sidelines-by-chancellor-w83ngmbr9 …
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Paul, weren't you in favor of wiping out equity of airlines? Am i mistaken? Is there a double standard at play here.
If airlines run out of money, they merely get new owners. If early stage startups run out of money, they die.
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1. Startups can restart if they want. I understand its tricky, cap tables etc. 2. You are mistaken re new owners. There are path dependencies in bankruptcies and complex systems. Love your stuff but you are inconsistent on this one.
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Either you are in the 'let markets clear' camp or you are not. Can't have both ways.
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What happens to IP if startups die? Can't they just be restarted once this is over?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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