4 ms·
Effectively, your model is about to get real world stress tested. Depending on your vertical, or your target market you're going to see out-sized impacts either
by thinkingkong 7y ago
Effectively, your model is about to get real world stress tested. Depending on your vertical, or your target market you're going to see out-sized impacts either positive or negative. Either way, set a good runway for cash and stay vigilant.
Personally I think a situation like this is a fantastic exercise and a great time to be building a company. Not that I would wish it on anyone, but these kinds of constraints breed an incredible set of solutions. 2008-2010 created a bunch of interesting companies.
- mistymountains 7y agoThis reads like a parody.
- icedchai 7y agoYes, let's get real: prepare for layoffs and down rounds.
- georgeecollins 7y agoNot to me. Many of the best companies are founded or hit their stride in weak economic times. If a startup needs a booming economy to keep growing it may not be that good of a business. That said, I am not wishing layoffs on anyone. But if you don't accept bad times along with good times you are not really a market capitalist.
- jseip 7y agoAgreed. Constraints force innovation. On the whole, Coronavirus is an unfavorable turn of events for the global economy but many companies will be stronger for it.
- kirykl 7y agoPrime time for a drone delivery startup