“As painful as it is now, the focus is now on meaning. This is a permanent innovative change.”
Jocelyn Kung, CEO of The Kung Group, says her executive coaching and organizational consulting firm’s recent survey of more than 400 startup founders revealed that the ongoing global pandemic has deleteriously affected the growth of companies, but also shifted priorities to a new era of sustainability,
Corresponding to the release of the Q2 Venture Report by Crunchbase this week, that shows the volume of less than $100 million m fundings is down 63% from the same time last year. The number of companies in the second quarter of 2020 is also down form 2,660 in 2019 to 1,254 companies this year.
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