Sequoia Capital to startups: Coronavirus could make your business sick

Sequoia Capital to startups: Coronavirus could make your business sick

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Sequoia Capital on Thursday warned founders that it backs that coronavirus is the black swan of 2020, a surprise event nobody saw coming that could have lasting impact. The warning from the Menlo Park venture firm echoed its 2008 presentation called "R.I.P. Good Times" about the startupland disruption that the financial crisis back then would bring. "Private financings could soften significantly, as happened in 2001 and 2009," the firm warned Thursday, advising its companies to take a close look…

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