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No, not all Unicorns are taking this kind of hit. Most obviously, Zoom was a unicorn before this started and...they are doing fine. I'd expect a fair number of

No, not all Unicorns are taking this kind of hit. Most obviously, Zoom was a unicorn before this started and...they are doing fine. I'd expect a fair number of enterprise or B2B unicorns to be okay but consumer-facing ones to be more likely to be hurting. Atlassian just had their earnings call and beat targets, for instance.

hobs 6y ago
Yeah, same things with non-unicorn tech, market downturns are traditionally bad for some sectors, but you spend money on automation, reduction in staffing costs to get the same thing done, and reducing waste - software can help you with that.
dehrmann 6y ago
I used to work for a B2B fraud detection SaaS provider. I haven't heard about any layoffs, I've heard fraud is up, right now, and your fraud prevention vendor is probably low on the list of services to cut. That said, I'm sure some of their customers were hit hard, and that does ripple down.
asdff 6y ago
Zoom is doing fine until a proper company like Microsoft decides to step up to the plate and deliver an objectively better product with more resources supporting it. Sysadmins who've flocked to zoom for lack of a better alternative will gladly flock back to a company that can better support their products.
- rchaud 6y ago
  Theyve been trying for nearly a decade with little to no luck. Skype was acquired in 2011 and Skype for Business is a joke, even in enterprise settings like my workplace. Everybody has moved on to Zoom, even though SFB is available via our org wide Office365 implementation. I do use it to send quick messages to coworkers in different regional offices, as their online/offline status is a useful indicator of their availability since it's connected to their outlook Calendar. And the screen sharing feature is good, there are never any compatibility issues. But as a voice or video call system, it's not great. Zoom has had far lower switching costs.

hobs 6y ago

Yeah, same things with non-unicorn tech, market downturns are traditionally bad for some sectors, but you spend money on automation, reduction in staffing costs to get the same thing done, and reducing waste - software can help you with that.

dehrmann 6y ago

I used to work for a B2B fraud detection SaaS provider. I haven't heard about any layoffs, I've heard fraud is up, right now, and your fraud prevention vendor is probably low on the list of services to cut. That said, I'm sure some of their customers were hit hard, and that does ripple down.

asdff 6y ago

Zoom is doing fine until a proper company like Microsoft decides to step up to the plate and deliver an objectively better product with more resources supporting it. Sysadmins who've flocked to zoom for lack of a better alternative will gladly flock back to a company that can better support their products.

rchaud 6y ago
Theyve been trying for nearly a decade with little to no luck. Skype was acquired in 2011 and Skype for Business is a joke, even in enterprise settings like my workplace. Everybody has moved on to Zoom, even though SFB is available via our org wide Office365 implementation. I do use it to send quick messages to coworkers in different regional offices, as their online/offline status is a useful indicator of their availability since it's connected to their outlook Calendar. And the screen sharing feature is good, there are never any compatibility issues. But as a voice or video call system, it's not great. Zoom has had far lower switching costs.