This week, our articles focus on 'assessing the new normal'. The must-read of this week contains Steve Blank's advice on keeping your company alive. Other articles dive into practicalities like analyzing churn rates, while others offer advice for raising funding (or postponing that) in these times.
Enjoy reading,
Must read
How to keep your company alive – Observe, Orient, Decide and Act
"Here’s a five-day playbook to help CEOs of cash-flow negative startups, or ones about to go negative, assess the new normal and respond with speed and urgency."
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Culture
YC Alum advice for managing remote teams
Everybody is working remotely, but how to best manage that?
Stop trying to be productive
On how the 'always-on' work culture still seems to prevail in a time of crisis.
Modern Entrepreneurship
Working remotely builds organizational resiliency
As this author argues, "Working from home is not working from the office".
($) Every startup has three stories and you need to tell all of them
"The first story is what you do when you walk through the door every day. The second story is the overarching goal that everyone on the team is working toward. The third story is the dream — the billion-dollar moonshot."
Trends
The inside account of how Bird laid off 406 people in two minutes via a Zoom webinar
"It felt like a Black Mirror episode" -- or a really unfortunate and harsh April fools joke.
Product
Churn analysis: A 3-step guide to analyzing your churn
A practical guide to help you through doing a churn analysis (and why you need to do one!).
Team
Planning and managing layoffs
Layoffs might be inevitable for your startup. Here is how to do it right.
Finance
Startups: postpone your next fundraising until at least Q4 2020… if you can.
An insight into why it is good to wait if you can - or expect a lower valuation.
VC funding in 2020: What investors look for in startups
The focus will shift from growth to stability and sustainability.
Thank you
Thank you for finishing issue #269 & credits
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