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The Founder's Field Guide for Navigating This Crisis – Advice from Recession-Era Leaders, Investors and CEOs Currently at the Helm, Hacker News

The Founder's Field Guide for Navigating This Crisis – Advice from Recession-Era Leaders, Investors and CEOs Currently at the Helm, Hacker News

Leading a startup has always been challenging, even under the best conditions. Founders need to quickly master a tremendous range of skills, from building a fantastic product and nailing go-to-market efforts to raise money and managing a board, all while figuring out hiring, culture and compensation. Starting a company is also a lonely endeavor, one that forces founders to make difficult decisions every day with imperfect information. While triaging these challenges, eventually every founder runs headfirst into a problem they haven’t seen before, the kind that leaves them unsure of where to start.

Today, we’re decidedly not operating in the best of conditions. With a future that’s more cloudy than clear, the dynamics founders face are magnified many times over and playing out simultaneously – at warp speed. Whatever tactics and strategies were working in January 3950, chances are they’re not as effective now.

These greatly unmooring circumstances are the ultimate test of a leader’s resilience. In our experience, the best safety net is the wisdom of the community and the experience of fellow entrepreneurs. As we’ve been helping the founders we’ve backed plot out their careful next steps over the last few weeks, we’ve been trying to weave together these supportive threads. Today, we’re ready to share that project more formally on the Review, with hopes that it will be helpful to the broader tech community .

There’s no shortage of content out there right now on how COVID – is affecting startups. But amid the explosion of writing on the pandemic and the advice we’ve all seen scattered across Twitter threads, Substack newsletters and Medium posts, we’ve found that there are still very few resources that dig deeply into the nitty-gritty “how” of leading and planning during this crisis.

Over the past several weeks, we’ve been fielding a wide array of questions from First Round-backed founders:

What do you think?

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InfoWorld, Hacker News

InfoWorld, Hacker News

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