“If people can ride the subway and if people can go to Trader Joe’s and pack into all these different places we can start to open factories,” says legendary tech entrepreneur Jason Calacanis during an interview on CNBC today.
You’ve got to bail everyone out says Expedia and IAC Chairman Barry Diller. The damage that is being done every day is enormous. Everybody needs to be bailed out of this one-time thing and we’ll worry about paying the bills later.
There are some banks who are actively trying not to take applications and to minimize the number of loans they make through the program says investor Mark Cuban. This is despite the fact that it pays a five percent commission for the loans made on the small businesses.
%%excerpt%% A $250 payment per restaurant (from Grubhub) doesn’t sound like a lot but it’s going to be a huge difference, says Grubhub CEO Matt Maloney. We’re looking at it as a stimulus almost because the way we’re rolling it out is a consumer gets $10 if they spend $30.
In the first 60th percent of this quarter added 9,000 new paid customers, says Slack CEO Stewart Butterfield. That’s a net number. This is compared to 5,000 for the previous quarter and 5,000 for the quarter before that.
According to a report on CNBC, startups may not get government money from the coronavirus relief bill if they have already taken venture capital or private equity money.
“There’s been a lot of advances in machine learning that take things that would have been literally impossible ten years ago and made those things much more possible today,” says Etsy CEO Josh Silverman. “The key is understanding what an item is with relatively little data and then being able to determine for each individual person how to personalize search results.”
Over 50% of everything that gets sold on Amazon actually comes from small and medium-sized businesses. Their success is our success so we’re definitely focused on doubling down on that. We have over 1.9 million small and medium-sized businesses in the US who work together with Amazon to conduct their business.
The Internal Revenue Service (IRS) has announced an agreement with Free File, Inc. (FFI) designed…