To me, they formed an L—a projected recovery with a long, flat bottom. So my partners and I convened a meeting with all members of our VC staff. Crunching through data on our dozens of companies, we redid each one’s prognosis, keeping in mind our certainty that the globe’s recovery would look more like an L, not a V. Next, we triaged the companies, using the color codes that emergency room teams assign to patients: red for critical and needing urgent care, amber for stable but serious, and green for no immediate danger. … [Read more...] about How my VC fund is helping our companies survive the pandemic
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Especially if a crash plays out in a similar way to an earlier one, says Mohan Ranganathan, an aviation safety expert who was part of the committee that was set up after the Mangalore crash to suggest way to improve safety standards. "Initial reports have said that there is similarity in the two crashes in Kozhikode and Mangalore, despite them being 10 years apart. Same mistakes committed point to a lack of proper training, or a system," he says. … [Read more...] about Air India Express crash | Do investigators take the easy way out by blaming pilots?
One ill-conceived social media post can trigger the downfall of a business or professional career, or at the very least a PR fiasco. From pageant queens to government officials, outspokenness and cancel culture are heightened at the moment, and this polarized landscape (along with the realization that saying nothing sometimes equates to being complicit) has you feeling the need to speak up virtually. … [Read more...] about Science explains why we’re so much more bold online, especially now
An investment from Kirin or other investors would help Bira which has made losses in recent years and been hit by the coronavirus pandemic, just like the rest of the beer industry. It has said it aims eventually to list on the stock market. … [Read more...] about Indian craft brewer Bira in talks with foreign beer makers over possible stake sale
Public sector Central Bank of India on August 11 reported a 21 percent rise in its consolidated net profit at Rs 147.21 crore in the quarter ending June. The bank had posted a net profit of Rs 121.61 crore during the same quarter a year ago. … [Read more...] about Central Bank of India reports 21% rise in Q1 net profit at Rs 147 crore