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Coronavirus (COVID-19) Pandemic Economics

The coronavirus is changing life as we know it. Here's our first episode of Blitz Talk - where we have short digestible conversations about the current state of the economy.

• Living in the COVID-19 World
• How does the Government respond?
  • Monetary Policy 
    • Fed cuts rate to 0 - 0.25%
    • Fed buys $700B worth of securities to provide liquidity to repo markets
    • The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. Reduce 
  • Fiscal Policy 
    • Previous measures such as the Bush Economic Stimulus Act of 2008.
      Tax rebates created by the law were paid to individual U.S. taxpayers during 2008. Most taxpayers below the income limit received a rebate of at least $300 per person ($600 for married couples filing jointly).
• This idea is not uncommon with Andrew Yang famously putting forward his Universal Basic Income (UBI) plan which includes a $1000/month stipend for low income families. The overwhelming virtue of UBI is its simplicity. It gets money to individuals in need, and out into the wider economy, more quickly than any other alternative.
• Paid leave / Tax Rebates / Small Business loans / Medical Insurance coverage 
  
  

Important links & trackers

• Why Social Distancing Matters 
• John Hopkins University of Medicine - Coronavirus Live Mapping 
• Centers for Disease Control and Prevention - How to Protect Yourself

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Success and failure are two facets of the same coin. And no one experiences the thrill of the highs and the anguish of the lows like startup founders do. 

In today’s episode we speak with Kate Tyshchenko, founder of Good Cup Project, who shares her riveting story immigrating from Russia to Canada, working within management consulting, and venturing out to impact change.

Kate, graduated with a masters in economics from the University of Regina, & after gaining invaluable experience working for 3 years, she decided to take the leap into entrepreneurship focusing on problems that were present in her day to day life.

Three business ventures in and Kate created The Good Cup Project, a reusable travel mug with built in utensils. The Good Cup aims to lessen plastic waste and for people to live a more conscientious and eco friendly lifestyle.

Kate also reveals the ups and downs of being a solo entrepreneur, the challenges she faced, while rising above the naysayers and the critics.

Follow her journey at www.goodcup.net/

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Climate change is upon us and there is an increasing demand for sustainability. In this episode, we talk to one of the entrepreneurs leading the fight against greenhouse gas emissions.

Maria Fujihara, is CEO & Founder of SINAI Technologies, a company that provides the technology to automate and consolidate Corporate Carbon Strategy. SINAI is a platform to help businesses not only become carbon neutral, but carbon negative using climate finance!

Additionally, Maria was the only Brazilian female founder during the Y Combinator W20 Batch.

A lifelong environmentalist, Maria has been a force within the sustainability space, she is also one of the main drivers of launching the Leadership in Energy and Environmental Design (LEED) in Brazil, Chile, Peru, and other parts of Latin America. 

With the oversight of famed environmentalist, Paul Hawkin, Maria launched Project Drawdown, which maps, models, measures, and describes the 100 most sustainable solutions to global warming. Join us in this fun and informative conversation with one of the leading voices in sustainability & green businesses.

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Today we have a true hustle story. Our Guest, Trisha Bantigue is the CEO and Co-founder of Queenly, a marketplace for buying and selling formal gowns & dresses. But what’s more inspiring is Trisha’s journey to get to this point. She immigrated from the Philippines to the US at a very young age, and had to face quite a few challenges in her personal life. In spite of this she put herself through school at Berkeley and paid for it through many side gigs. One such side gig was modeling, which burgeoned into her participating & winning some serious pageants, including Miss California Earth in 2016, and Miss Asian Global in 2017. Trisha did all this, while working at tech companies like Google, Facebook & Uber. It was here, while modeling, she noticed a gap in the market to serve the large demand for pageant gowns & dresses & that became Queenly, a one stop shop for formalwear for women! 

High fashion made accessible to everyone!

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The gig economy is transforming the workforce. From Uber, Lyft, Airbnb, TaskRabbit & DoorDash, workers are signing up for individual gigs, delivering food and groceries, ferrying passengers from one place to another. However, there are auxiliary marketplaces being built on top of the sharing economy, & Paneau is one of them.

Paneau is empowering drivers & local businesses, through its highly customizable ad platform that’s being built on top of the ridesharing ecosystem. 

Today we are thrilled to have Nader Khalil, CEO & Co-founder at Paneau, a company leveraging the gig economy to build a platform for hyperlocal rideshare advertising.

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Dylan Terrill is the co-founder and Chief Business Officer of Asaak, a financial platform that combines the ease of mobile-interaction and extraordinary customer service to provide financial products. Asaak is funded by Silicon Valley’s biggest VC’s like 500 Start-ups, Catalyst, Resolute Ventures, and Social Capital. Unlike traditional lending institutions, Asaak doesn’t use credit to determine your eligibility but uses loan history and other data points. Asaak champions financial inclusion in Africa, starting out in Kampala, Uganda. According to the World Bank, over 65% of the population does not have access to formal credit lending institutions, which makes it hard for the economy to grow. Asaak is here to provide entrepreneurs with the tools to succeed like credit and financial technology. Dylan co-founded Asaak with some friends and is now based in San Francisco, where he helps bridge opportunities with lenders and borrowers across the World.

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Welcome to Things Have Changed, a podcast aimed at bringing together like-minded professionals to share insight, challenge ideas, and expand our perspective on the world. 

We aim to break down complex yet important topics ranging from business, finance, to science and technology, industry and consumer behavior trends as well as explore how these issues shape and affect the society we live in. 

Join Jed and Shikher through this fun, and candid journey of learning & exploration. 😊

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