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Well, it makes a lot of sense that companies that make money in hospitality and transport would be taking a big hit. Other unicorns like Dropbox, Stripe etc tha
by manuelflara 6y ago
Well, it makes a lot of sense that companies that make money in hospitality and transport would be taking a big hit. Other unicorns like Dropbox, Stripe etc that work pretty much exclusively online, however, are doing fine.
- johntiger1 6y agoDropbox cancelled its internship program, so not sure if they're doing "fine"
- CydeWeys 6y agoThat may have more to do with the difficulties of hosting remote internships though.
- whafro 6y agoIs that because of financial straits, or because they didn't think they could support an impactful and valuable internship program remotely? I could certainly understand the latter...
- robjan 6y agoI doubt Dropbox have seen a significant drop in paying subscribers or increase in costs in the wake of the coronavirus.
- ssharp 6y agoStripe is a different situation than Dropbox. Besides being predominantly online, Stripe is also directly involved in online transactions, including ecommerce. Shopify, which is 100% ecommerce, just reported record numbers. With quite a bit of retail shutdown as well as many people not wanting to leave their home, lots of money is shifting online, and these ecommerce enablement companies are going to benefit a lot.