Former HSBC Transformation Head: Weathering the Crisis as a Start-Up

This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.

rainy day

“It’s almost like putting money under your mattress for a rainy day. The last thing I want to do is raise money because I have to raise money.”

Chuck Teixeira was previously the chief administrative officer and head of transformation at HSBC. Today, he’s the CEO and founder of the start-up WCKD RZR. Due to the disruption caused by the coronavirus, he has had to rework his company’s trajectory for the next six months. One of the first things he did was to delay the company’s seed-funding round

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