Faculty News
Professor Scott Galloway offers his perspective in an article exploring how tech startups received billions of dollars as a result of the U.S. government’s Paycheck Protection Program
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Excerpt from The Wall Street Journal -- "'If a venture-backed company either can’t survive this pandemic or can’t convince investors to put in more money to hold on to employees, then either they should be laid off or the business should be shut down,' added Mr. Galloway. 'Every bailout leads to moral hazard, which leads to a bigger bailout later.'"
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