C2V Mar 2020 Notes from the Trenches
We hope this edition finds you well, given the unprecedented circumstances we are all navigating in the midst of the Covid-19 pandemic. With apologies to those who enjoy our usual lighthearted fare, a more serious tone felt more appropriate at present (though we would encourage people to continue finding reasons to laugh – it helps immensely).
Now more than ever, we want to let you know we are right here with you in the trenches, happy to help, guide, advise or simply lend a listening ear.
Maintaining Rationality & Perspective Amidst the Panic
During times like these, a lot of introspection naturally occurs. Matt has spent some time looking at the current environment through the lens of history and finance and is doing his best to apply some rational thinking amidst the chaos with his latest Medium posts.
In his latest piece, Matt draws on his two-plus decades in finance (spanning 9/11 and the global credit crisis, among other periods of intense fear and uncertainty) to lay out the case that now is the time to buy. Matt gives five reasons why periods like the one we find ourselves in today have historically been the best times to buy equities and especially venture capital funds.
Matt cites the considerable historical precedent for this, including:
“As one might expect, public equities generally have their best returns in the years following these major market selloffs, especially the immediately following years — even at times when the economy is still in recession — and the deepest selloffs are generally followed by the largest gains.”
Stories Summit Update
Obviously, Stories Summit has to be postponed given the current environment. As excited as we are to bring Stories Summit to you, the health and safety of our participants is of paramount importance to us. We will announce a new date as soon as possible and will be back to you when we have more information, but we remain committed to putting on a great event as soon as we can responsibly do so.
However, it’s not all somber news on this front. During these times, we are all getting creative. We’re rolling out a new Stories Summit format in the form of digital breakout sessions!
For our first breakout session, we’ll be joined by industry-leading experts to discuss how to manage remote teams. You can find all the details below:
Topic: How to Manage Remote Teams
Date: Thursday, March 26, 2020
Time: 12:00 EST / 9:00 PST / 17:00 CET
To RSVP and get the dial-in info, email bookings@storiessummit.com
Can’t wait to connect with you all digitally!