Venture-backed startups were left out of COVID-19 relief bill’s loan program

Host Molly Wood speaks with Aziz Gilani of venture capital firm Mercury Fund about why venture-backed startup companies are not included in the coronavirus relief bill, which allows small businesses to apply for loans. Congress did not intend to leave startups out, he says, but the oversight means his company is scrambling to find ways to support some 40 companies in Mercury’s portfolio.