15 tech startups poised to come out stronger from the COVID-19 crash according to investors led by tech legend John Chambers
Many tech startups collapse during economic downturns, but that's also when the companies built to last emerge. Predicting the next Cisco, Salesforce or Google is tough, but Chambers and other veteran venture capitalists pointed to 15 startups they believe are poised to come out stronger from the COVID-19 crisis.
"Almost all the great high tech companies in each generation — companies like Cisco, Salesforce, Oracle, Microsoft, Google — were the ones that broke away during an economic crisis," he told Business Insider. "[A downturn] limits your competitor's ability to access the money. It also limits the number of companies that come at you: You're able to break away and gain market share at a much faster pace.
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Source: BusinessInsider - 🏆 729. / 51 Read more »