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Month: March 2020

Who Moved the Cheese?

Who Moved the Cheese?

How many times have we heard lately that the world will never be the same again? Time will tell, and important to see how habits have changed in the relatively short amount of time that has elapsed since the onset of the Wuhan virus panic.

People are working, eating – and cooking – more at home. Many restaurants have shuttered – some, at least, only temporarily – and we suppose that there’s just so much McDonald’s and pizza one can consume on a daily basis. Don’t have mad skills in the kitchen? As we mentioned last week, Blue Apron’s stock suddenly soared. We’ve also noticed more FreshDirect trucks on the street, and no surprise that Instacart is hiring 300,000 grocery shoppers (although, workers protest at Instacart, Amazon and Whole Foods for health protections and hazard pay, reports the Washington Post). People are presumably cooking and note to self: there will always be businesses that do well, as conditions and circumstances change and also note, re the WaPost piece: “Grocery store, delivery and warehouse workers have unprecedented leverage to demand better working conditions during the coronavirus pandemic because their labor has become essential for millions of Americans.” Read More...

Digital Stuck-At-Homads – the New Digital Nomads

Digital Stuck-At-Homads – the New Digital Nomads

In a world turned upside down and gripped with panic, we thought we’d point out a few pieces of information that you might have missed, and a few potential opportunities that you may be missing:

Evidence over hysteria — COVID-19. Keep calm and carry on, and if you’re constantly checking the somewhat sensationalist Johns Hopkins bubble map, this is a must read. Read More...

Love – et al – in the Time of the Corona

Love – et al – in the Time of the Corona

Image by Gerd Altmann from Pixabay

The headline is a reference to a 1985 novel written by Nobel prize winning author Gabriel García Márquez. Namely, Love in the Time of the Cholera.

China did not immediately inform the world that the Corona virus was out there.

We know that the current virus is not the flu, but the two do share certain symptoms, and we will remind you that not every case is a death sentence. Chances are, it started spreading before the city of Wuhan was quarantined, especially given the fact that the US has already seen 21,000 deaths from the ‘flu’ this season – much higher than normal – and million upon millions of instances where people recovered, despite the fact that they were bereft of the magical properties seemingly imbued by hording large amounts of toilet paper. Read More...

A Flea and a Fly and a Flu: Lessons for Entrepreneurs

A Flea and a Fly and a Flu: Lessons for Entrepreneurs

Image by mohamed Hassan from Pixabay

FYI: the headline is a reference to a poem by Ogden Nash:

A flea and a fly in a flue
Were imprisoned, so what could they do?
Said the fly, “let us flee!”
“Let us fly!” said the flea.
So they flew through a flaw in the flue.

The Wuhan Flu has certainly been consuming the headlines globally and we all know the drill: wash your hands often with soap and water (using hand sanitizers does have consquences) avoid large crowds (is it canceled yet? your list of cancelled large industry events); companies are encouraging employees to cancel non-essential travel; dispense with hand-shaking as a salutatory greeting, hide under your desk and cover your head, in case of a nuclear attack… Read More...

How to Pitch to Investors (Trust Us, You’ve Got It All Wrong)

How to Pitch to Investors (Trust Us, You’ve Got It All Wrong)

Image by Just killing time from Pixabay

We attended Peak Pitch last week, and thought we’d share some of the lessons that we gleaned from the experience. Namely, points about pitching to investors that every entrepreneur needs to know.

FYI, every year, Peak Pitch brings together 40 or 50 seed and series A investors (some of whom may come from finance, while others are recovering entrepreneurs themselves) and 40 to 60 curated founders for networking and informal pitches on the slopes. Skiing is not mandatory. Pitches can also be done fireside, speaking of warm introductions.  There is no shortage of investors there to listen, give constructive criticism or offer advice. The activities and shared experiences are enjoyable, to be sure, but at the end of the day (actually, all day long), everyone is there to do business.

We reviewed What Investors Are Really Looking For in a pitch deck just last week. Since Peak Pitch is the next stage – your deck has passed muster and you’ve moved up to the next level – what’s the drill once you have the ear of an investor – or 40? It’s not just a rehash of your deck. It’s the points that are going to pique and keep an investor’s interest. Read More...