Silicon Valley and its model of tech entrepreneurship also has a dark side: Home prices have risen out of reach of most; the cost of doing business there has climbed; and the dynamism of the regional economy has been declining.
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Venture capital boosts local growth but also causes a strain of the Dutch Disease (a gas boom in the Netherlands collapsed other industries). VC 💰 in an region leads to decreases in non-tech industries, growth in restaurants/service & bigger income gaps. https://t.co/QugRFdfoPR
In @OSorenson (@uclaanderson) & @doriskwon_dk's (@YaleSOM) latest research, they find that a venture capital influx increases the number of businesses & jobs, but it doesn't change fortunes evenly for workers & businesses.
➡️ https://t.co/jtFCipDwbN
As life in New Haven has ground to a halt, so has revenue for local businesses. To help Elm City establishments weather the crisis, city and state partners have established an economic resiliency program with loans, grants and programming. https://t.co/n1jW9HWOXh
An open letter from economists on support for jobs and businesses in response to the coronavirus pandemic.
Economists: please consider signing (at the link)
https://t.co/mUo6TxRerK
@EuniceHEun Had a man point his finger at me and ask “where are you from, are you from China” followed by a dismissive “go back to where you’re from”. Trying to tell myself that this isn’t representative of the country. Really shook me though.
Today’s declaration of a #COVID19 pandemic is a call to action – for everyone, everywhere.
It’s also a call for responsibility & solidarity – as nations united and as people united.
As we fight the virus, we cannot let fear go viral.
Let’s overcome this common threat together.
If we want to understand how powerful an opponent SARS-CoV-2 (COVID-19) is, let’s take a look what has been required to stop it in China. The Chinese government has essentially used a social nuclear weapon in its efforts. Let’s talk about this, to understand what US is facing. 1/
South Korea's #Covid19 Monday numbers aren't up yet but I just looked at yesterday's (+248 cases & 1 death). It contains a very cool graph that shows the trajectory of their outbreak. It's impressive. They've been aggressive, and it's paying off.
Out of the nearly 300 unicorn startups in the U.S., only 18% were focused on health, food, education, energy, financial services, or housing. Many more leading start-ups in Latin America, sub-Saharan Africa, and Southeast Asia target basic human needs. https://t.co/KB8GOFbJgC
Agree. Great article.
“We predict that the peak of the impact of Covid-19 on global supply chains will occur in mid-March, forcing thousands of companies to throttle down or temporarily shut assembly and manufacturing plants in the U.S. and Europe.”
There’s a lot to like about the national chains setting up shop in small and midsize markets, write Chang-Tai Hsieh and @HansbergRossi https://t.co/6kUANIToN6