INSUBCONTINENT EXCLUSIVE:
Joe is general partner of Entrepreneur First, a Greylock-backed early-stage deep tech fund; co-chair of GBx, a curated network of British
debt-relief packages in place, the high-risk, high-reward tech sector will need something different
To survive, the community requires fancy footwork, hard choices and a lot of shared pain between founders, staff, investors, suppliers and
customers.With my startup Moonfruit, a DIY website and e-commerce platform I co-founded with Wendy Tan-White (now a VP at X) and eirik
pettersen (currently CTO at Secret Escapes), we survived the 2001 dot-com crash, when the entire tech sector was decimated for years to
come, as well as the 2008 financial crisis, when we were lucky enough to experience rapid countercyclical growth
spent the last five years as a general partner at Entrepreneur First, raising $200 million of funds and advising hundreds of startups
will look more like 2001 than 2008, though there will be some who are lucky enough to grow through it
The good news is, having been through this before, I know there are things you can do as a founder or as an investor that can mitigate the
too.Here is a tactical guide to surviving the crisis.
