15 tech startups poised to come out stronger from the COVID-19 crisis - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

15 enterprise tech startups poised to come out stronger from the COVID-19 crash, according to the VCs that invested in them — including John Chambers and Sapphire Ventures

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jack Dorsey already donated over $87 million towards COVID-19 relief - Business InsiderJack Dorsey just unveiled where he's donated more than $87 million of his pledged $1 billion towards COVID-19 relief — including to address domestic violence, HIV/AIDS, refugees, and advocacy for prisoners Jeff Bezos has done similar and I don't know why The New Yorker has to query his wealth all the time? He’s a POS In times of excessive greed & egoism both on individual & multinational levels, this is an awesome example of philanthropy! Finding a vaccine is economy-oriented & key to survival and the rest of his pledges are unequivocally humanitarian. Kudos to jack for these commitments.
Source: BusinessInsider - 🏆 729. / 51 Read more »