Conventional VC has produced 20% of US GDP, on invested capital of less than a quarter percent of all investing. Yet, wealth gaps increased, while a global pandemic has invaded us and set the economy reeling in ways not seen since 1933. WWII reignited the US economy; will fighting Covid19 do the same now? ‘Life in wartime’, indeed. What roles do VC’s need to take on to support a robust recovery here and around the world? Anne & Gillian explore complexities and inequities to seek a way forward for capital.