Coronavirus: The Black Swan of 2020 - Sequoia Letter to Founders & CEOs 5 minutes read.
Reading this post by Sequoia reminds me a lot of their R.I.P Good Times from 2008, as the input is a bit different yet the output is almost the same: "Having weathered every business downturn for nearly fifty years, we’ve learned an important lesson — nobody ever regrets making fast and decisive adjustments to changing circumstances. In downturns, revenue and cash levels always fall faster than expenses. In some ways, business mirrors biology. As Darwin surmised, those who survive are not the strongest or the most intelligent, but the most adaptable to change."
Read it later via
Instapaper.
Share
it via
Twitter
or
email.