GC invests in powerful positive change that endures — for our entrepreneurs, our investors, our people, and society. To that end, we firmly believe that the private sector needs to take a more proactive role in making a difference during this crisis. On Saturday evening, I partnered with Rachel Carlson, co-founder and CEO of GC-backed Guild Education, to play a role in a grassroots effort starting with the venture and tech communities to #stopthespread of COVID-19.
Over the last 48 hours, we’ve received strong support from 1,200+ business, civic, and government leaders and celebrities who have joined us in this effort and are engaged and committed to #stopthespread. Together, we will help ensure that the country is aware that all of us can lead directly as individuals and change the trajectory of this virus.
Taking care of ourselves and each other has never been so important. Unfortunately, our social fabric has been frayed for quite some time now. Further, COVID-19 requires physical separation, which only compounds feelings of isolation, loneliness, and disempowerment. While it is necessary that we continue to maintain social distancing in the physical sense, coming together virtually as a community and using our voices for the common good to make a difference is both appropriate and critical.
To that end, our focus now for those who have committed to #stopthespread and #leadboldly is to work together as leaders to understand and engage on critical planning to support our communities and the small businesses that serve them, which have been greatly impacted by COVID-19 over these last several weeks. All of us are in a strong position individually and collectively to play a role and make a difference.
Together as leaders, we can use our balance sheets to ensure these small businesses remain a vibrant part of our communities and economy. By keeping small businesses alive and well, we in turn ensure that they can continue to pay their employees, serve the communities that rely upon them, and contribute to the supply chain that is critical to the success of many of our companies and the economy overall.
Some initial ideas include:
At a later point, we’ll work together to determine what we can do to help large companies impacted by COVID-19, but right now, small businesses need our immediate focus and support.
If you are interested in contributing to any of these efforts, or simply and powerfully lending your voice to the existing pledge to #stopthespread, we would be thrilled for you to join us. These are difficult times; coming together to solve issues that benefit all of us as a society is meaningful and timely work.
Be safe and be well,
Ken Chenault & Team GC