Mar 27, 2020
Hello, this is Hall T. Martin
with the Startup Funding Espresso -- your daily shot of startup
funding and investing.
While the Coronavirus
brings a lockdown in the movement of people, it doesn’t point to an
altered future, but rather an accelerated one.
The Coronavirus will
accelerate changes in the economy that are underway.
We were already
shifting the supply chain to include home delivery of groceries and
everyday items.
The Coronavirus
lockdown only speeds that shift.
Amazon and other
suppliers are hiring thousands of workers to meet the
acceleration.
Education was already
moving online and will only do so more now, that schools have
cancelled classes and sent students home to log onto their
computers.
Businesses were already
moving to video conferencing and remote-worker
organizations.
The Coronavirus ‘stay
at home’ mandates across the globe, encourage more users of Zoom
and remote-worker software.
Healthcare was already
moving to telehealth-based care.
The overload of
Coronavirus patients on the healthcare system will increase usage
of that model.
The Coronavirus is moving
our economy to the next generation and while it may be painful in
the short run, it’s inevitable in the long run.
As a startup, think
about how your company can be a part of the next economy.
That new economy is now
here.
Thank you for joining
us for the Startup Funding Espresso where we help startups and
investors connect for funding.
Let’s go startup
something today.
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