On the brink of a new business age: who are the winners and losers from COVID-19

Source: Unsplash.com | Author: Braden Collum

Reading time: 6 minutes

In the span of just a couple of months, the coronavirus pandemic managed to shake the foundations of the global economy, dramatically alter our day-to-day lives, and generate unprecedented unemployment levels on a global scale, all without breaking a sweat.

And while the disrupted supply chains posed significant financial risks to a great degree of companies, for some sectors the virus turned into an unexpected stairway to success. LEt’s take a look at who are the winners and losers in the fight against COVID-19.

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Should you invest in startups? A look at both sides of the coin

A businessman holding white board with chart drawings

Source: Pixabay.com

Slack, Lyft, Uber, Robinhood, Coinbase, Revolut, Airbnb. These are household names of successful companies that launched as a mere startup with a good idea and a smart business plan.

Having a startup and investing in a startup has become so trendy that the market is now oversaturated to the point where it almost seems like the world is about to run out of good ideas. So, is it really worth investing in a startup, however promising it may appear?

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