VCs to portfolio -> cut burn, extend runway to 24+ months. Fundraising will be *very* hard. VCs on Twitter -> we are open for business. Best companies are built at this time. Just signed 3 term sheets. Never been a better time to invest. Founders -> *scratching their heads*

there is clear over-supply of PPE now in China: all manufactures which are qualified/capable turned to produced PPE starting 2 months ago, over 90% of N95 rated masks and other related items are made in China If you are medical staff or procuring for hospital, feel free to DM

This

“43M masks were available in New Jersey...they were all purchased by foreign buyers” forbes.com/sites/daviddis…

Good. More. "Boston hospitals getting ‘game changer’ machine that sterilizes 80,000 protective masks a day" bostonglobe.com/2020/04/02/met…

If you know of a state/city/hospital trying to procure Millions of PPE & needs help. I've spent 2 weeks neck deep on it. I have a solution finally. Ping me. It's insane out there. There's a lot of profiteering out there & it makes me sick

So what's really going on here in NYC? You're hearing conflicting information on who is tested, who is admitted, who goes home, and what's going on inside hospitals. Let me shed some light. NYC ER docs are a small and collaborative community, so let me share the scoop: THREAD

a16z.com/2020/04/18/its…

When starting a company, choosing your industry is 10% of the work but determines 50% of the outcome

Sometimes it takes a few startups, raising several rounds of venture funding, and going through an acquisition process — before founders understand some of the *unwritten dynamics in venture capital.* Go in prepared. Here are some guidelines. parul.substack.com/p/unwritten-ru…

South Korea appears to have cracked the code for managing Covid-19. Its solution is straightforward, flexible and relatively easy to replicate. on.wsj.com/2G9FuvL

The common advice "talk to customers more" is like the advice "work out more". It's easy to go through the motions but very hard to get good results. Why? ✨Confirmation bias!✨ We implicitly hear what we want to hear. Some tips to reduce confirmation bias in your convos: 👇

Many founders assume the best first step in exploring an idea is building an MVP. This is wrong--there is a better way that can save you time and money. THREAD: The Minimum Viable Testing framework (a follow-up to my article in the First Round Review) 👇🏾

These two graphs side by side are a red alert for American growth and innovation

The $100 genome is here! Thrilled to unveil the company, highlight some of our collaborators and their data, and disclose our funding! Read the full press release: ultimagenomics.com/blog/ultima-ge…

Clock speed is one of the biggest factors you can optimize as a company. The speed at which you ship, get feedback, iterate, and ship again is your most sustainable competitive advantage.

Paul Graham worth checking out what Cephable team is building - basically capabilities for all forms of accessibility needs as a service, possibly including eye-tracking among many other control options

Bandana is building a platform to help hourly wage workers find better jobs tcrn.ch/3LbFBW6 by Ron Miller

Bandana lands new investment to help hourly wage workers find good jobs tcrn.ch/3WUeepQ

We a16z are thrilled to announce our Series A and B investments into Camber, a company radically simplifying the healthcare reimbursement process for providers so they can focus on delivering quality care to their patients. More from Marc Andrusko and I below on why we invested