Startups need government funding - now
When the coronavirus crisis passes we’ll need startups to fuel our recovery. But they won’t survive without urgent government action
“By definition, a startup is a company that is still losing money. Those at the ‘seed’ stage will have no revenue at all”
“In good times, money is a commodity that is readily available. In times of crisis, cash is king”
“If the conditions for accessing money are based on a strong balance sheet and income statement, then most startups will die”
