AMID THE PANDEMIC, ENTREPRENEURS CAN STILL FIND OPPORTUNITY

The crisis provides fertile ground for startups in spaces like tele-health and touch-less payment. Other startups will need to get creative.  Entrepreneurs must harness the innovative spirit that drives them and adjust to the moment.  Recession-born businesses tend to be more productive, as measured by revenue per employee. And startups during a recession tend to be grouped into industries that rely heavily on innovation.  There will likely be new types of automation in manufacturing to allow for social distancing between employees. And, for supply chains, more real-time monitoring, so companies can manage customer expectations in the event of disruptions.  Investors are already searching for those startups that are positioned to flourish in a post-COVID world. Companies with COVID tailwinds are having “preemptive rounds” of fundraising.  Read More >>

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