Re:Ask HN: What scientific phenomenon do you wish someone wo...
by sah2ed on Monday April 27, 2020 @02:26AM
(#22993388)
> Shopify, Amzn, Zoom. WTF! Their charts seem hyped. Or may be I’m just plain wrong and don’t understand the fundamentals.
Since the outbreak of COVID-19, demand for the kind of services offered by those 3 Internet businesses have in fact skyrocketed. Increasing demand imply those businesses still have room to grow revenue. Shopify [1] for instance is now seeing huge Black Friday-like traffic during the shelter-in-place and a lot of these small businesses are first-timers on their platform who will likely stick around after the pandemic.
Since the outbreak of COVID-19, demand for the kind of services offered by those 3 Internet businesses have in fact skyrocketed. Increasing demand imply those businesses still have room to grow revenue. Shopify [1] for instance is now seeing huge Black Friday-like traffic during the shelter-in-place and a lot of these small businesses are first-timers on their platform who will likely stick around after the pandemic.
1: https://mobile.twitter.com/jmwind/status/1250816681024331777