The coronavirus is the biggest threat to Australia’s economy since the global financial crisis, so what does that mean for startups? Approximately 1 in 5 people across the globe are under lockdown to contain the spread of coronavirus. I’ve spoken to startup founders who are worried about what this means for their business, and I’ve spoken to the other side; angel and VC’s. Traditional brick and mortar thinking is that when there is a recession, funding will dry up and people won’t take risks. But this hasn’t been as significant a trend in the tech sector. Current unicorns like Cloudera, Groupon, Fitbit, Stripe, Airbnb, and Square were all founded during the 2007 –…
