Disasters are so rare, why do we have to act?

Conventional wisdom thinks that disasters are rare and unpredictable. And that we cannot really act on them.

In the last 20 years, we have had three global emergencies- 9/11 terrorism-related wars, the 2008 financial crisis, and now the COVID-19 Pandemic.  Plus, one more if you count the effects of climate change. In addition, there are innumerable national and local disasters every year.  We can easily name hurricanes, tsunamis, floods, earthquakes, fires, nuclear accidents, etc immediately.

As a class, disasters are always present around us.  We cannot use ignorance as a reason not to act.

#startup #venturecapital #lifeboatVentures #disasters

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