"The human condition is about hope," Herjavec said Thursday on CNBC's "." "Every time someone comes on 'Shark Tank,' they're full of hope and they're full of optimism."
"Nobody could get a loan and so people started a lot of businesses that you didn't need capital for and then we moved to online selling," he said. "This will be the same thing." "The stimulus plan, the protection plan, all these relief funds are simply survival funds. They are not growth funds," he said. "If you don't have a plan to grow, if you don't have a plan to gain market share, getting a stimulus today is just keeping you in business. It's not helping you to grow."
At the same time, Herjavec said the focus of his investing will change due to the coronavirus, which has resulted dramatic revenue declines for all manner of businesses as operations were paused or scaled back to try and slow the spread of Covid-19.
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