Harrison Hochman ’21 and Devin Cintron ’20 launched a pilot of Sparrow Lending on May 23. Sparrow does not emphasize credit scores or income histories in assessing students’ creditworthiness, the founders said. Instead, it lets students present themselves through customized profiles.
Stanford Health Care resumed almost all delayed procedures — including surgeries, diagnostic tests and other procedures — on May 4 after the California government began lifting restrictions in late April.
Ryan insisted that “we have to start the economy back up” once we have greater capacity in healthcare and more widespread testing, though he believes the current policy response to COVID-related economic disruption is appropriate.
The COVID-19 crisis has disrupted business and entrepreneurship across the world. Venture capitalists, while still tweeting that they were making investments, were in fact busy dealing with portfolio companies floundering. Many shut down completely. However, several Stanford entrepreneurs are launching their business ventures in the face of adversity.
“Stanford Health Care is navigating the unprecedented economic impact of COVID-19 and, as part of this effort, is implementing a temporary reduction in hours across the organization,” wrote Stanford Health Care spokesperson Lisa Kim in a statement to The Daily. “This is a difficult but necessary decision to sustain the long-term health of the organization so we can continue to provide critical services to the community.”
Nitricity will take home $45,000 and receive an interview opportunity with StartX’s Student-in-Residence program, which provides financial support for students building companies while pursuing degrees.