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Karl Alomar Discusses Leading Through Crisis

M13’s managing partner explains the strategies—and mindset—that got him through past crises.

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By M13 Team
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May 10, 2020
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1 min

This post was guest authored by Darja Gutnick, Co-founder and CEO at Bunch.

Karl Alomar is the managing partner at M13, a U.S.-based VC that has invested in companies like Lyft, Pinterest, Daily Harvest, and Capsule. As a two-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

Listen now on Spotify // Listen now on Apple Podcasts ‍

This post was guest authored by Darja Gutnick, Co-founder and CEO at Bunch.

Karl Alomar is the managing partner at M13, a U.S.-based VC that has invested in companies like Lyft, Pinterest, Daily Harvest, and Capsule. As a two-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

Listen now on Spotify // Listen now on Apple Podcasts ‍

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The views expressed here are those of the individual M13 personnel quoted and are not the views of M13 Holdings Company, LLC (“M13”) or its affiliates. This content is for general informational purposes only and does not and is not intended to constitute legal, business, investment, tax or other advice. You should consult your own advisers as to those matters and should not act or refrain from acting on the basis of this content. This content is not directed to any investors or potential investors, is not an offer or solicitation and may not be used or relied upon in connection with any offer or solicitation with respect to any current or future M13 investment partnership. Past performance is not indicative of future results. Unless otherwise noted, this content is intended to be current only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in funds managed by M13, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by M13 is available at m13.co/portfolio.