MARCH 24, 2020

Impact of the Corona crisis on startups & tech

On top of the human toll, the Corona crisis is an economic shock unlike anything we’ve seen for a long time.  Retail, mobility and travel are especially hit. Other sectors are outperforming the market: food delivery, online groceries, tele-health, streaming, gaming and video conferencing. Zoom is now worth more than Uber. Should Lyft acquire its own food delivery business to weather the storm?

Eventually, the recovery will come. Which startups can survive these extreme conditions? And which changes in behavior are temporary vs. lasting? In this 12-page presentation we provide an initial view of the impact of the Corona crisis on startups & tech.
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Telemedicine, online groceries and more: critical services & infrastructure during life under lockdown

Everything's moving online. That's only accelerating during lockdown and social distancing.

Data about in-app purchases and online receipts confirm what many are experiencing: eCommerce and online food delivery are surging. Amazon has said it will hire 100,000 extra staff. But new entrants like Farmdrop and Crisp are also getting a lift. In Asia, Gojek raised a massive round to compete with Grab. 

Previously we launched landscapes of contactless healthcare platforms and companies directly combating covid-19 through vaccine development, drug and equipment manufacturing, robotic detection, diagnosing and more. This week, we provide a new landscape of critical services and infrastructure during life under lockdown.  

This also includes conferencing and collaboration software providers that help by extending their free plans, enabling remote work (Zoom, WebEx). Edtech startups support students in the infected areas by giving free access to their education platforms (Byju’s, Coursera). Others help people stay fit and reduce anxiety (Down Dog, Yogaia).

Explore the landscape
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