Why these tech startups turned down millions of dollars in PPP loans from the federal government

This post was originally published on this site

Glowforge CEO Dan Shapiro. (Glowforge Photo)

It’s not easy to turn down financial help from the government, especially during an economic crisis. But that’s exactly what two venture capital-backed Pacific Northwest tech startups did recently with their Paycheck Protection Program (PPP) loans.

The decision to refrain from

contactedorg

Check out http://contacted.org