Startups are pummeled in the ‘great unwinding’

Re:Startups are pummeled in the ‘great unwinding’ by avip on Saturday April 04, 2020 @05:21PM (#22781614)

I work for a well funded + product + paying customers + whatever su. Since inception of covid-19 the vast majority of customers withheld pretty much everything (some violated signed contracts). Some are MIA and impossible to communicate with.

It's a global turmoil and it's too soon to make assumptions about how great of a shape we're in.

Are we better off than baristas? Likely.

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Re:Startups are pummeled in the ‘great unwinding’ by alexis_fr on Sunday April 05, 2020 @02:47AM (#22784175)

This. I had revenue for 5 people but didn’t succeed to find them, just 1, so I feel very well off and I keep the positions open. However, we’re on a corporate market that errs in the side of luxury, and even with an incredibly safe runway, I can’t assume I’ll still have customers in one year...

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