For our first event in the “Tactical Advice for Entrepreneurs During COVID” series, we organized a private session to help our portfolio companies make sense of the U.S. government's economic response and programs it rolled out to help small businesses. We invited Dr. Randall Kroszner, Deputy Dean for Executive Programs at the University of Chicago’s Booth School of Business and former Governor of the Federal Reserve, to discuss how the CARES Act, SBA Loans, and crisis management. While giving a rundown of the new available funding options, Dr. Kroszner also cautioned founders they should be prepared for the long haul and be realistic and thoughtful about their burn rate and long-term finances in what could be an extended financial disruption.
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