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Current Affairs

The Real Story Of America Is About Small

Below is an article I co-authored with Elizabeth MacBride of Times of Entrepreneurship (it was cross posted there on the ToE site yesterday). It’s a good companion piece to the OpEd we wrote for CNBC earlier this week. As many readers know, I’ve been working on a project highlighting entrepreneurs around the county. It’s been…

Functional Versus Strategic Meetings on Zoom

Like a lot of people, I’m stuck on Zoom for most of the day, although I’ve tried to mix in some regular phone call meetings – even when Zoom would be available – just to give me a break from time to time. I’ve found that Zoom works reasonably well for functional meetings and for…

Make Juneteenth Meaningful

I’ve always been aware of Juneteenth but I’ve never done anything in particular to mark it. I’m sorry about that and it’s not something I’m proud of. For me and clearly for a lot of other people this is changing. I hope it can be a part of what perhaps – finally – will be…

Enough

I’m not entirely sure where to begin, so let me start with stating what should be obvious: Black Lives Matter That we can’t seem to agree on this in America is 2020 makes me some kind of mixture of sad, angry, screaming, crying, depressed. But how I feel and what I think isn’t important. In…

Circular Advice from the SBA

Quick preface to this note. I’m not your lawyer and I’m not giving legal advice.  As I wrote about at the beginning of the week, the SBA has made a mess of the Payroll Protection Program. Yes, there are some challenges to parts of the structure of the program, but I was referring in that post to…

The SBA Needs To Get It’s Act Together On The PPP

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. The intention was to provide needed relief to businesses that were impacted economically by the COVID-19 crisis. But, while very well-intentioned, it’s implementation has been flawed. In particular, the SBA has given inconsistent guidance that continues to change and evolve, leaving companies…

PPP and Women and Minority-Owned Businesses – We Need To Do More

I’ve published a number of posts over the past few weeks about some of the challenges of the existing PPP loans and in particular, about my concerns that the loans aren’t getting to as many of the smaller businesses that need them. In this CNBC op-ed article, Elizabeth McBride and I pointed out how the…

Extending and Expanding Aid – Some Policy Ideas

I was recently asked to put together some ideas for consideration for the next economic package that congress is currently working through and which I hope will both extend existing programs put in place to dampen the blow of the economic crisis brought on by Covid-19 but also extend that aid to critical areas of…

What Policymakers Don’t Understand About Small Business

Entrepreneurship in the United States has been changing in ways that many people have not yet recognized. I’m working on a much more extensive piece on these changes (and have been for some time – more on that project in a future post) but as the Covid-19 crisis took root, it became clear to me…

SBA PPP Loans Aren’t for Everyone

There’s a healthy debate going on right now at many VC firms about whether venture-backed companies should apply to the SBA’s Payroll Protection Program (The Information had a good article on this yesterday (paywall), and Albert Wenger from Union Square Ventures put up an excellent post on the subject here). This program is designed to…