News Formal

Coronavirus splits opinion among major VC firms over travel plans - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Fear of coronavirus has split opinion among big VC firms over whether they should keep traveling to Asia

"However, the dynamics of staying home and working from home, plus the low supplies in physical stores in Asia, mean online sales are booming," Maar added.

"The trouble is that travel is a huge part of the job for VCs like us," said London-based managing partner Harry Briggs. "So while we can use Zoom a little more, frankly it wouldn't be sustainable to cease travel completely for long. "While a virus of this sort will disrupt business a little, and we are seeing the impact on global stock markets, it cannot stop the huge opportunity and transition that we see now in south-east Asia," said cofounder Amit Anand.

He continued: "Like most people in the start-up ecosystem, we take a data driven approach to things and will be monitoring infection rates to see if we need to make any changes to how we operate."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Black Power Black Power

Hate the pop-up via the link.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Corona may be taking a hit amongst drinkers because of coronavirus - Business Insider'There's a good amount of misinformation out there,' a spokesperson for the company that distributes Corona in the US told Business Insider. Beer is good. 🤣 I'll have theirs. Morons. People are dumb
Source: BusinessInsider - 🏆 729. / 51 Read more »

Empty airports around the world show coronavirus affected air travel - Business InsiderThe International Air Transport Association has predicted a $29.3 billion loss in passenger revenue this year because of COVID-19. DrChris_Hansen_ Great time to travel...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Corona may be taking a hit amongst drinkers because of coronavirus - Business Insider'There's a good amount of misinformation out there,' a spokesperson for the company that distributes Corona in the US told Business Insider. Beer is good. 🤣 I'll have theirs. Morons. People are dumb
Source: BusinessInsider - 🏆 729. / 51 Read more »