July 1

Pandemic Spurs Social Entrepreneurship in Startup Communities

By Dayakar Puskoor

As an entrepreneur-turned-investor, and having survived prior downturns, I have my share of bumps and bruises that serve as reminders and motivators. But I also like to remember that some of the most successful tech companies were funded during the last big downturn, such as Dropbox, Airbnb and Credit Karma. With that in mind, our venture capital firm is staying the course during the COVID-19 pandemic and continues to aggressively look for great entrepreneurs to fund.

We’ve seen how responding to the crisis has required newer approaches, innovations and social entrepreneurship throughout industries. Venture capitalists have an important role in promoting this social entrepreneurship by identifying, accelerating and repurposing these technologies that have the potential to create lasting impacts and become mainstays after COVID-19.

Photo courtesy of Kate Trifo.

Source: Forbes (link opens in a new window)

Coronavirus, Finance
impact investing, startups