AXIOS April 17, 2020
Bond Capital, a Silicon Valley VC firm whose portfolio companies include Slack and Uber, told its investors this morning via email that the coronavirus’ high-speed spread and impact has similarities to the devastating San Francisco earthquake of 1906.
Why it matters: Bond’s best-known partner, Mary Meeker, is a former bank analyst renowned for her annual Internet Trends Report, which many investors and entrepreneurs use as a touchstone for where tech is now and where it’s going. Today’s 28-page report to Bond’s limited partners, obtained by Axios, shares some structural similarities.
Some takeaways:
- “Covid-19 has upended our modern lives in ways we’re just starting to understand.”
- Prior epic viruses have permanently changed the world, but coronavirus may prove less...
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