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- ‘Coronavirus is the black swan of 2020,’ warns Sequoia Capital
Posted by : Brij Bhushan
Friday, 6 March 2020
Sequoia Capital, the seminal Silicon Valley venture fund, has urged its startups question every assumption about their businesses in order to survive the coronavirus threat. “Coronavirus is the black swan of 2020,” said Sequoia in a letter to founders and CEOs published to its Medium blog Thursday evening. “Black swans” are rare, unexpected events that heavily influence global activity. Often-cited examples include the advent of the personal computer, the internet, and the September 11 terrorist attacks. “[…] With lives at risk, we hope that conditions improve as quickly as possible. In the interim, we should brace ourselves for turbulence and…
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