wages
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YC CEO: The bank thunderstorm has affected a large number of start-ups, of which 1 3 cannot pay wages within the next 30 days
On March 11, Garry Tan, CEO of Y combiner, said in an interview with CNBC that the bank thunderstorm affected 1000 start-ups, and 1/3 of them would not be able to pay wages in the next 30 days. Interpretation of this information: In an interview with CNBC, Garry Tan, CEO of Y Combinator, stated that the COVID-19 crisis is causing significant financial difficulties for many start-ups. Specifically, Tan noted that the sudden economic downturn due to the pandemic is affecting roughly 1000 start-ups, and approximately one-third of them will not…
