Karl Alomar Discusses Leading Through Crisis
Karl Alomar is Managing Partner at M13, a US-based VC that’s invested in companies like Lyft, Pinterest, Daily Harvest, and Capsule. As a 2-time founder and ex-COO, he’s seen his share of company crises over the years.
On the day the dot-com bubble burst, Karl got a phone call. The $20 million wire transfer he was expecting that afternoon wasn’t going to come. In a matter of minutes, he went from ramping up his promising startup, to entering survival mode.
It’s a feeling that might be familiar. While the COVID-19 pandemic is certainly unique, Karl believes there are lessons from every crisis that can be applied to the next one.
He recently joined me on the Teams at Work podcast to share a bit of optimism and a lot of learnings from leading companies through the 2000 and 2008 recessions.
Things you’ll learn in this episode:
- The mindset you need to have to make sound decisions when the stakes are high
- Why it’s important to see both play both “offense and defense” in a crisis situation
- How to communicate tough decisions and motivate your team
- How crises influence behavior and trends in the long term
- The impact of the current global crisis on startups