Timely insights for entrepreneurs and investors from the NVCA (National Venture Capital Association‪)‬ Your First Million

At the beginning of May 2020, the National Venture Capital Association (NVCA) released some interesting and time-sensitive pieces in light of COVID-19. I want to share this information with you because I don’t think this is just about VCs.

Entrepreneurs, innovators, and small businesses will be the ones to bring the world out of this pandemic - help them make it happen. You have an opportunity to write to your representatives about getting this stimulus package to the people who need it.

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Highlights

4:56 How the NVCA is encouraging the government to increase PPP funding

5:58 Why I see the world of VC as more than just the extremely wealthy

8:16 Statistics and numbers about how startups are affected

10:40 Why it’s important to help the VC industry stay afloat

15:00 How this affects underrepresented founders

17:48 How Backstage Capital is trying to provide opportunities for serendipitous relationships to happen between investors and entrepreneurs

20:08 Some companies that I see doing great work

29:00 VC-specific details and terms in the NVCA letter to the treasury

Links

https://backstagecapital.com/together

https://nvca.org/

https://itsaboutdamntime.com