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Join us for a live video Q&A to discuss how the Paycheck Protection Program impacts VC-backed startups.
For weeks, VC-backed startup leaders have struggled to understand the requirements to apply to the Small Business Association's Paycheck Protection Program, which is designed to provide emergency loans to small businesses. Several investors have spoken out against VC-backed companies applying for the loans unless they would otherwise have to perform layoffs or other potentially disastrous cost-cutting measures. Meanwhile, other VCs and startup advocates have encouraged companies to apply, referring to the government loans as "free money". Now the SBA initiative is out of cash and many questions remain.
About the Speakers:
Managing Associate, Technology Companies Group
Co-founder & CEO,
Director of Strategy,
Armory Square Ventures