The article discusses the challenges faced by startups during times of crisis, with a focus on the current economic impact of the coronavirus pandemic. It highlights the precarious situation startups often find themselves in, even during prosperous times, due to the constant need for fundraising and managing their financial runway. The crisis posed by the coronavirus is described as a significant stress test for these companies, with the phrase 'make it or break it' underscoring the critical nature of the situation. Sequoia is mentioned as having referred to the coronavirus as 'The Black Swan of...' which suggests a recognition of the pandemic's unexpected and severe impact on the global economy and startups in particular.