In effectual reasoning, one starts with a set of means, and goals emerge in the process of deploying them The startup community is rallying to fight the coronavirus crisis in the best way it knows—with tech smarts.
Venture capital funds and founders with deep pockets have pooled ₹100 crore and created ActGrants to support rough-and-ready projects, ranging from innovative ventilators to telehealth, which have the potential to make an immediate impact.
These moves are in tandem with efforts to curtail the spread of the virus and show the tech community’s solidarity. Digital conferences are popping up everyday with advice for founders to cut costs, conserve cash, strengthen their products and keep their chin up in the interim.