Market conditions are one of the important things for a startup. As you know, Uber and Airbnb launched during the last financial crisis.
According to common knowledge, people would like to make some extra cash, would like to save as much as possible, and would like to spend money on entertainment during the crisis periods.
The question is, who is going to survive, and what kind of startups do people need if a new crisis is coming?
Pros for a startup:
a new market opportunity;
less expensive office rent;
less expensive software employees;
less competitive market
Cons for a startup:
less money for fundraising;
bad time for an IPO;
no moon shot startups;
According to common knowledge, people would like to make some extra cash, would like to save as much as possible, and would like to spend money on entertainment during the crisis periods.
The question is, who is going to survive, and what kind of startups do people need if a new crisis is coming?
Pros for a startup:
a new market opportunity; less expensive office rent; less expensive software employees; less competitive market
Cons for a startup:
less money for fundraising; bad time for an IPO; no moon shot startups;
What else do you see?