75479954Alan Patricof is the chairman emeritus at Greycroft Partners.He writes that given the timeline of the coronavirus pandemic, VC firms will have to invest in startups, early-stage companies, and new CEOs without meeting teams face-to-face.To close a deal, it'll be key for entrepreneurs to be charismatic through the phone, and have strong references.Seed and round A investors should consider partnering with other firms to mitigate risk, and should prioritize thorough backgrounding of potential deals.Visit Business Insider's homepage for more stories.The pandemic crisis has presented those in venture capital with a new phenomenon — which, in spite of my 50 years in the business, is a first.Since we are virtually always "open to buy," to quote a retailer's expression, we are now faced with

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. If you aren't yet a subscriber to Wall Street Insider, you can sign up here.Happy May! With remote work stretching into another month, conversations are starting to shift to when we'll return to the office — and who might remain at home. Luke Ellis, the CEO of $104 billion hedge-fund manager Man Group, broke down how it will operate after the pandemic, and said his firm has proven it can "not just survive but thrive and operate at close to full productivity with everyone working from home." Meanwhile, CEOs from firms including Franklin Templeton, MSCI, Prudential, and Tradeweb explained how the whole experience has blurred the lines between work and

Hello!As the curve flattens in many parts of the world and the movement to reopen the economy gains steam, I keep finding myself thinking about this seating plan.As Holly Secon reported this week, 44% of workers on one floor of a South Korean call center got the coronavirus. The desks colored blue show where employees with confirmed cases sat.For some of you, that seating plan might look a little like your bank of desks at the office. It certainly looks like mine. A number of Business Insider reporters this week delved in to what a return to work might look like, and how offices will have to be reconfigured to make a return possible:Joe Williams talked to the co-CEOs of Gensler, the largest architecture firm. They described the three ways that offices will change post-coronavirus.Alex Nicoll

The Institute of Chartered Accountants of India (ICAI) has issued an advisory on the factors that companies should keep in mind while reporting earnings for FY 2019-20.The advisory covers 20 key items spread across five categories.Given that this is an advisory, the nature and extent of items to be considered will differ between companies.The COVID-19 pandemic has had an adverse impact on all aspects of the economy, be it earnings, supply chains, operational efficiencies and the stock markets.Since the financial year ends on March 31, 2020 in India, it falls amidst the COVID-19 pandemic. This will have an impact on the way companies report their earnings for the financial year 2019-20. To deal with the accounting issues caused due to the volatility, financial uncertainty and fluctuating valuations,

State Bank of India’s (SBI) shares fell by as much as 6% today while HDFC Bank dipped by more than 7%.Yet, there is a sharp difference in the market capitalization between the State Bank of India (SBI) and HDFC Bank.This despite the former having 10 times as many customers and four times the balance sheet.With the coronavirus pandemic, it’s the beginning of another cycle of non-performing assets for banks, according to Siddharth Purohit, a banking analyst with Angel Broking.The State Bank of India (SBI), the largest bank in India, is only worth one-third of HDFC Bank, which in its own right, is the largest private sector bank in the country. This is despite the fact that SBI’s balance sheet is four times larger than HDFC Bank, has 10 times more customers, and is owned by the government of

The coronavirus has been a catalyst for big changes in the way consumers spend and pay.Ongoing trends like contactless payments and buy now, pay later are accelerating.New trends are emerging, like consumers' preference toward buy online, pick up in-store.Here's how banks, credit card companies, fintechs, and investors are thinking about the new norms in how we shop and pay.Click here for more BI Prime stories.From banks to credit card companies to retailers, the coronavirus pandemic has impacted virtually every player in the payments industry.Ongoing trends, like buy now, pay later and contactless payments, have been accelerated. And new norms in the way we shop, like buy online, pick up in-store, are emerging.We've spoken with execs across the payments ecosystem to understand what's changing,

President Donald Trump has said the economy will take off like a rocket when the COVID-19 pandemic and social distancing ends.The Congressional Budget Office predicts the unemployment rate will still be at 9% at the end of 2021.Historically, high unemployment rates during recessions and pandemics have taken a long time to come back down to full employment levels.Visit Business Insider's homepage for more stories.Following is a transcript of the video.Narrator: If you watch President Trump's daily briefings, you might think everything will immediately go back to normal when social distancing is no longer necessary.President Trump: And you will see our economy skyrocket.Narrator: But Congress' own budget office thinks things will be pretty bleak for much longer. At the beginning of April, the

Bank of America has downgraded the ratings for four of India’s largest banks — the State bank of India (SBI), Bank of Baroda, IndusInd Bank and ICICI Bank. The emerging cycle of non-performing assets will be the ‘biggest nightmare of 2020’ according to Paytm founder Vijay Shekhar Sharma.Bank of America’s downgrade follows in the footsteps of UBS and CLSA, who also slashed their expectations from banks.According to Sharma, the rise of bad loans is likely to spillover beyond banks to the fintech sector where a large number of startups have been giving out small unsecured loans.Indian banks had barely cleaned up the massive pile of unpaid loans from the country’s corporates, the coronavirus pandemic is barrelling into an economic crisis that may bring a fresh wave of non-performing assets (NPA)

Private equity giants like KKR, the Carlyle group and others are interested in acquiring a controlling stake in JB Chemicals, a little-known pharma company in India.Although JB Chemicals is a small player in the Indian pharma industry, it has built four strong brands and has market leadership in three of them, which has resulted in industry-beating growth.Some of the popular brands that JB Chemicals owns include Metrogyl, Rantac, Cilacar and Nicardia – driving 80-85% of the company’s India formulations revenue.JB Chemicals, a little-known pharma company in India with a market capitalization of ₹4,600 crore is reportedly on the radar of private equity giants around the world. This has sent the stock to an all-time high of ₹621 in intra-day trade.JB Chemicals is a relatively small player when

Welcome to Power Line, a weekly energy newsletter brought to you by Business Insider.Here's what you need to know:Want to get this newsletter in your inbox every Friday? Sign up here. Got a tip or feedback about this newsletter? Email energy@businessinsider.com. Don't forget: Sunday is Mother's Day. Happy Friday, folks! I am delighted to announce that earnings season is mostly over — which means nearly all the top energy execs have revealed new details about how their firms are faring. More on that below. Other things that delight me include hand blenders, plucking carrots out of the ground, tempeh if cooked right, and last year. Let's get to it, starting with an update on oil. 75634682A timeline for the recovery of oil markets The term "recovery" may still be premature, but at least some

Everton arrived at Ewood Park on Thursday evening with the intention of unveiling their £40million record signing to the fans who travelled from Merseyside.

The Premier League is even more cosmopolitan with the arrival of Wolves, Cardiff and Fulham. That's because the men bankrolling the three new additions are from China, America and Malaysia.

Rodwell, who played his last game for Sunderland ten months ago, has signed a deal with The Championship club until the end of the season in a bid to get his career back on track.

Sunderland outcast Jack Rodwell is ready to be reinvented at Blackburn Rovers so he can get back to his early success when he won three England caps and a Premier League title.

Sportsmail provides you with everything you need to know for the Carabao Cup third round including time, date and channel plus teams, rule changes and odds.

MIKE WHALLEY AT EWOOD PARK: This was the night when Sheffield United made a serious statement of intent in the Championship promotion race.

Sportsmail provide you with everything you need to know for the FA Cup fourth round draw including date, time and channel plus the ball numbers and teams through so far.

Blackburn have made Stewart Downing their first summer signing after he agreed a one-year deal. he former England international, 34, who was released by Middlesbrough.

Spectacular scenes unfolded in the semi-finals of the Malaysia FA Cup, after the most bizarre of late goals hit the back of the net during Pahang's victory over visiting Perak.

CHAMPIONSHIP ROUND-UP: Preston took moved up into second place in the Championship after coming from 2-0 down to beat Blackburn with a late goal from Tom Barkhuizen.

Our scout is a top football expert who attends matches searching for the next star. This week they give you the lowdown on Brighton keeper Christian Walton, who is playing on loan at Blackburn.

Turkey football legend Hakan Sukur has opened up on the bizarre path his life has taken since retiring from the sport, taking him from a political 'exile' to running a cafe and driving for Uber in the USA.

The former Geordie Shore star, 29, spoke to NW magazine about how she went from a size 16 to a size 8, and also shared her day on a plate

The Geordie Shore star, 24, who has been soaking up the sun after sparking rumours of a reconciliation with Sam Gowland, flashed a little too much flesh

They're supposedly roughing it in the South African jungle, but the contestants on this year's season of I'm A Celebrity... Get Me Out of Here! haven't had to give up all their luxury items.

Marnie Simpson, 27, has lost a dramatic 17lbs after undertaking a strict low fat diet just a month ago - the Geordie Shore star has shrunk from 9st 10lbs to 8st 7lbs, 12 weeks after giving birth to son Rox.

I'm A Celebrity... Get Me Out Of Here's! Charlotte Crosby had a complete meltdown and threatened to leave the show on Tuesday. 

Eliminated I'm a Celebrity... Get Me Out of Here! contestant Billy Brownless has accused Charlotte Crosby of putting on a 'performance' in the jungle. 

Daniel Conn, who played for Canterbury Bulldogs and Sydney Roosters before retiring and launching a career as a personal trainer, has quietly struggled with his mental health.

I'm a Celebrity star Tom Williams spoke about his infamous showdown with Charlotte Crosby on Friday. 

Charlotte Crosby has shut down wedding talk with Ryan Gallagher, who she met on I'm A Celebrity... Get Me Out of Here!

The Geordie Shore girls were out in force on Saturday night as Chloe Ferry, Bethan Kershaw and Sophie Kasaei stepped out in Newcastle to celebrate a pal's birthday.

The Geordie Shore duo have reportedly called it quits once again as Chloe revealed shared a post on Instagram Stories after moving into her new home on Friday.

Amy Childs and Kirk Norcross are set to return to TOWIE for a spin-off featuring the original cast, The Sun reported on Monday.

The reality star, 41, displayed her toned physique as she donned a cream crop top with red and black stripes as she partied with her pals.

The mother-of-one, 28, displayed her beautiful bump as she cheered hum on during his MMA (mixed martial arts) fight in Dublin, Ireland, on Saturday night.

Holly Hagan has recently unveiled her slender new frame, revealing she's lost a jaw-dropping 16lb in just 12 weeks.

The two reality stars, both aged 25, are even said to have unfollowed each other on social media and have appeared to have removed all traces of their romance on Instagram.

The Geordie Shore stunner, 24, left little to the imagination in a tiny leopard print bikini with block blue panels

The reality star was keen to show the results of her gruelling work out regime when she stepped out for a night on the town with Harley Brash in Manchester on Sunday

The Geordie Shore, 24, slipped into a pair of skintight lycra cycling shorts which highlighted her peachy derriere as she stepped out in Newcastle on Tuesday.

The Geordie Shore star, 24, left little to the imagination as she donned a skintight all black outfit for the An Evening With Floyd Mayweather event at Newcastle City Hall on Saturday.

The Geordie Shore star, 28, went braless in the eye-popping pic which showed off her trim waist, after overhauling her diet and ditching her sugar.

Charlotte, 29, shot to fame on MTV's Geordie Shore in 2011 and went on to present Just Tattoo of Us in 2017 before being given her own reality show the following year.

Sophie was emotional after being told she has the condition, which affects 1 in 10 women, during a check up.

The 24-year-old reality star took to the image-sharing app Instagram to proudly reveal that she'd lost 'so much weight' over the past 12 months, and was keen to show it off.

Geordie Shore star Chloe Ferry has been keeping herself busy during the coronavirus lockdown by sharing sexy snaps on social media. 

Chloe Ferry was at it again on Thursday as she stripped down to racy scarlet lingerie for a sizzling video.

Chloe Ferry has been dreaming about where her next holiday will take her.

The Geordie Shore star, 24, displayed her surgically enhanced figure as she posed in the lingerie with a pink hoodie tied around her waist.