Re:Startups are pummeled in the ‘great unwinding’
by jononor on Sunday April 05, 2020 @06:56AM
(#22784943)
Assuming a "tech startup".
d) Little to no costs with many-month wind-down period. A lease contract for a restaurant or shop might be 1-2 years, and one is still on the hook for that despite 0 income due to closed shop.
I can think of a few things:
a) expecting no revenue for a while anyway
b) mostly can work from home / remote
c) early startups can cut back to a few founders on ramen
None of that really applies to mom and pop restaurants / retail etc.