Source: The Business Journals: San Francisco Business Times

NATIONAL VENTURE CAPITAL ASSOCIATION: Loss of 30,000 startup jobs is only 'tip of the iceberg,' national venture group warns

"Fasten your seatbelts, it's going to be a bumpy ride," the National Venture Capital Association warns in the first line of a special report on the effects of the coronavirus on startupland. Disruption has been viewed as a virtue for more than a decade in Silicon Valley and other innovation hubs around the country, but now it's the disruptors whose operating models are being overturned. More than 300 startups have lopped off over 30,000 jobs since March 11, the NVCA said, adding, "This is likely...

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Bobby Franklin's photo - President & CEO of NVCA

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Bobby Franklin

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National Venture Capital Association is a trade association that caters to venture capital industry Read more