4.4 • 1K Ratings
🗓️ 13 May 2020
⏱️ 28 minutes
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| 0:00.0 | This is Exchanges at Goldman Sachs where we discuss developments currently shaping markets, industries, and the global economy. |
| 0:14.4 | I'm Jake Stewart, head of corporate communications here at the firm. |
| 0:17.4 | Today we're hearing from small business owners on the impact of COVID-19 on their companies and their lives. |
| 0:23.6 | Asahi Pompe, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation, |
| 0:28.4 | interviewed three entrepreneurs from across the country about their experiences with PPP loans, what's keeping them up at night, |
| 0:36.1 | and how they're adapting their businesses to suit changing industries and a changing society. |
| 0:42.1 | Now over to Asahi for that conversation. |
| 0:45.0 | Thank you Jake. Today I'm excited to be joined over video conference by three small |
| 0:50.4 | business owners and graduates of Goldman Sachs 10,000 small business |
| 0:54.0 | program. program. |
| 0:55.0 | We're joined by Jenny Rips, founder and CEO of Owlsbrough in New York, |
| 1:00.4 | a beverage company that specializes in teas and botanical-based drinks. |
| 1:05.1 | We also have Dana White, founder and CEO of Paralee Boyd, a blowout salon in Detroit, and |
| 1:12.4 | Kari Parker, co-founder of Connie's Chicken and Waffles based in |
| 1:17.2 | Baltimore. Jenny Dana Kari thank you for joining me today. Let's dive right in and start with how are you keeping your businesses going right now? |
| 1:28.0 | We know that small businesses are in fight-of-flight mode. |
| 1:32.0 | Thankfully all of you have been businesses are in fight-of-flight mode. |
| 1:32.7 | Thankfully, all of you have been approved |
| 1:35.8 | or already received PPP funding. |
| 1:38.8 | What's been the impact of COVID-19 on your business and how well PPP funding help you manage through this time period. |
| 1:47.0 | Jenny, what's it like for you? |
| 1:49.0 | So COVID-19 occurred at sort of a critical moment for us as a business in a |
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