Venture-backed startups line up for U.S. government stimulus loans after weighing risks

Venture-backed startups line up for U.S. government stimulus loans after weighing risks

2020-04-16 22:53:56

The COVID-19 pandemic arrived just as Respond Software CEO and co-founder Mike Armistead was trying to sell automated cyber security software to new clients. Most of them are no longer in a buying mood. So Respond Software, a 50-employee, venture-backed startup, applied for about $1 million in government support.

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