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The Founder’s Field Guide for Navigating This Crisis
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The Founder’s Field Guide for Navigating This Crisis

Advice from Recession Era Leaders, Investors and CEOs Currently at the Helm

First Round
First Round, 2020
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8

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The coronavirus pandemic means that little in these times is stable or predictable, and what worked a few months ago won’t work now. People who start and lead companies need to raise money, bring together the right team and deliver a valuable product or service. But times of crisis test leaders, and entrepreneurs need advice from people who navigated past downturns and can advise them about how to plan and move forward. This field guide from the venture capital firm First Round provides philosophical and practical advice for founders trying to guide new companies through these unusual and difficult times.

Take-Aways

  • Recessions can take a year to hit bottom, and founders need to know what they face.
  • Act quickly and decisively; formulate a plan.
  • Once your plan is in place, keep it moving forward.

About the Author

First Round is a venture capital firm that specializes in providing seed-stage funding to technology companies. Founded by Josh Kopelman and Howard Morgan, it focuses on portfolio companies’ growth during their first 18 months.

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