I came across this post by Preston Byrne, a securities and crypto lawyer on what startups can do to survive the coronavirus.
I really like all the six points that were highlighted and I feel that they are sensible and very practical for startup founders to understand and follow.
For instance, your primary duty as a founder should be to protect your employees. Have a process in place and explain clearly to your employees on their annual leave, sick leave, remote working arrangements and so on.
And cut down your burn rate to weather the storm in the next few months.
If you are a startup founder, I’d really like to know what you are doing now to survive this pandemic and how you’re treating the employees and other customers as well.