Product & Startup Builder

How Covid-19 affects Startups & Enterprises

Added on by Chris Saad.

How does the pandemic affect big enterprises in relation to their interactions with the startup ecosystem?

1. After shedding staff, enterprises will need to hire fewer, more effective people. I.e Entrepreneurs who know how to hustle and get big things done with fewer resources.

2. Rather than building things in house, large enterprises need to partner or buy more innovation from the outside. That will often mean startups.

3. New cultural norms and massively accelerated trends mean there’s new opportunities for new startups and even more need for enterprises to buy companies to plug their capability gaps.