Big Tech has generally done well in this pandemic. Zoom, Slack, Netflix, Amazon – these are the COVID economy’s big winners.
But the experience for startup tech companies, on the other hand, has been altogether different. Venture capital is drying up. Silicon Valley companies have laid off thousands of workers in a reckoning The New York Times called the “.” It’s an extremely precarious time for investors, companies, and employees. But everyone is suffering right now – why should the rest of us care about startups?
Because these companies play a much wider economic role than we give them credit for, and we’re all going to need them going forward. Tech startups aren’t just apps, foosball tables, and IPOs – these are companies that create