2 monthes ago | By Tech Crunch

In April 2020, when the entire world was laser-focused on the coronavirus pandemic, we realized that startupland was in unprecedented territory. How should startups navigate fundraising, operations, and better understand the market?
In a matter of a couple weeks, we spun up a little series called Extra Crunch Live, giving Extra Crunch members the chance to hear from and connect with leaders across the industry. We brought on some of the biggest names in tech and VC, including likes of Roelof Botha, Kirsten Green, Zach Perret, Charles Hudson, Aileen Lee, Mark Cuban, Howard Lerman, Niko...
Read more ...

World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic

2 monthes ago | By Business Insider

Economies around the world, such as Mexico's, have been hampered by social distancing due to COVID-19
Rebecca Blackwell/ASSOCIATED PRESS
The COVID-19 pandemic is set to hit potential global growth over the next ten years, and could even cause a 'lost decade' if the recovery is mismanaged, the World Bank has said.
The World Bank said lower levels of investment, slower improvements in education, and lower female labor force participation would limit economies.
The global economy is expected to grow 4% in 2021 after shrinking 4.3% in 2020, but China is set to roar ahead with 7.9% growth this...
Read more ...

World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic

2 monthes ago | By Business Insider

Summary List Placement The coronavirus pandemic will cause "lasting damage" to the world economy and could even lead to a "lost decade" of growth, according to a gloomy report from the World Bank.
Although the global economy is set to recover sharply this year, it will still be around $4.7 trillion smaller than pre-pandemic projections, the international organization said.
Global GDP contracted by 4.3% last year, as COVID-19 led governments to all but shut down economies, according to the World Bank's Global Economic Prospects report .
It is expected to grow 4% next year, as coronavirus...
Read more ...