Fintech Investors Offer Advice to Companies During Crisis

Business Insider asked some leading fintech investors their advice for companies during the current crisis; investors include Bain Capital Ventures, Clocktower Technology Ventures, DRW Venture Capital, Edison Partners, Goldman Sachs, Index Ventures, JPMorgan Chase, Jump Capital, Kleiner Perkins, Pivot Investment Partners and Point72 Ventures; most investors highlighted the need for companies to adapt during the crisis, you cannot operate as usual; conserve cash, extend runway and prepare for the pace of revenue to slow when we are back to near normal times; take the human implication into consideration along with economics as people will remember how you act during these times; run various scenarios so you can better prepare for the months and years ahead, companies need to understand how to potentially operate in a number of ways; maintain perspective and focus on what you can control which will allow you to better handle stress as it ratchets up. Business Insider

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