AmiSight 9/19: As the COVID Cash Runs Out, Entrepreneurs Confront a Hard, New Reality

Most businesses received Covid support through Paycheck Protection Program loans, Economic Injury Disaster Loans, or Economic Recovery Tax Credits. Some used this money to buy jets, houses, and yachts, and I have no empathy when these businesses run out of cash. But many others used the money in their businesses to keep going and evolving, but now, when this safety blanket disappears, it can be scary.

I write more about this in my 21Hats column today.

21Hats Column