April 7, 2020

Hi Gang,

The team here at RRA would like to help connect companies experiencing layoffs or furloughs with those who have staffing needs. If you fall into either category, feel free to message me privately. Now, on to today’s updates…

Pulse Check on PPP Loans

Our community remains divided about whether to apply for PPP loans. I’ve received 30 replies since yesterday, and here’s the breakdown:

Are you applying for a PPP loan?

Yes: 10

Maybe Yes: 7

Maybe No: 5

No: 8

Many also submitted comments for their rationales. Here is the spreadsheet – you can see which comments correspond to which answers (anonymized). I can keep a running tally if you’d like to weigh in.

News from Our Community

• Lyft has expanded its services to address public health needs, including access for patients, healthcare workers, and hospitals to receive critical medical supplies. – Great work, Megan Callahan & team!

• Digital health nonprofit Hopelab pivoted its Nod app to help college students cope with social isolation. The app provides tips and tools that help students maintain meaningful connections while staying safe and adhering to public health directives. Here’s the announcement. – Thanks, Margaret Laws & team!

In Case You Missed It

I’ve sent a lot of content over the past few weeks. Here are a few pieces you really liked.

• This commencement address by Naval Adm. William H. McRaven, ninth commander of U.S. Special Operations, brings me to tears every time. It’s a MUCH needed and applicable message right now. (~20 minutes long; you’ll hang on every minute)

• I hesitated to feature this since it seems self-promotional, but many of you said you got value out of this piece from RRA’s awesome CEO, Clarke Murphy: Leadership Through Uncertainty – 10 Enduring Lessons for Turbulent Times

Food Fight – send me yours!

Today’s winner is… Stefan Larson (Partner, Sectoral Asset Management)! Watch out, USA… Canada is ON THE BOARD!

Chef’s Comments: Homemade mac and cheese! Gruyere, extra old cheddar, and parmesan. Panko bread crumb crust. Kale slaw with homemade creamy maple and apple cider vinegar dressing. Comfort food for anxious times!

A Little Levity

Be well,

Jackie