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Discussion on: Are early-stage startups "dead-by-default" when Coronavirus is causing significant harm to the world’s economy?

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Akash Kava

This is PAUSE, its not a dead end.

This was very much in need when people in 21st century did lack the most important resource TIME, now people have time to listen, time to revisit, time to relearn and actually stay away from all disturbances.

It is also the time to prepare a next big hit, as soon as everything will resume after 3-6 months, every business will be in its peak, and anyone who is crying will be the biggest looser.

This is an opportunity for startups to test/improve their ideas.

This is an opportunity to open books.

This is also an opportunity to tweak and change your startup to face the next upcoming economic growth after everything resumes. And even new startups can emerge from this situation.

Most startups are essentially virtual, that requires very less hardware/human investments, all of them can continue from home. All software startups will survive with help of number of open source and online collaboration suites. Small teams in garage can continue.

I feel this was very much needed for the current generation which lacked a huge attention deficiency, and it will bring maturity to current generation.

Big startups funded by big corporations will anyway survive as everyone will throttle their expenses. Travel/Electricity/Internet expenses are the biggest expenses, they are down to zero. All money saved will be reused later.