Venture capitalists investing in AI and robotics startups suggest they reassess their business plan amid economic uncertainty spreading alongside COVID-19.
Her company is helping startups think about whether to raise money now, make the money they have last longer, cut costs, or sprint to profitability.
“I think our advice to startups is now trending toward … if we have the opportunity to raise money now, let’s take it,” Goldfein said.
Migicovsky says he sees an opportunity to grow a financing company that enables a robot-as-a-service business model for AI startups.
It’s really compelling for the end customer because they have a business need that they need to solve. | To read full story, visit https://startuparound.com/read/1583709069.4469297/Robotics-investors-on-how-startups-should-respond-to-coronavirus?ref=audio_experience