Speaking on the fringes of Web Summit’s North American sister event, Collision, in Toronto last week, Maëlle Gavet, chief executive of US-based Techstars, said there was no doubt that companies were in for a difficult time.
“There will, of course, still be innovation, but the reality is that there will also be a bunch of bankruptcies and of companies that are going to disappear, and of people who won’t get paid. We should not ignore this reality,” Gavet told the Business Post.
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ChasTaylor Should we live on noodles and in unlit and unheated basements until then?