Startup Funding Espresso: Coronavirus Accelerates, Changes Already Underway
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. While the Coronavirus brings a lockdown in the movement of people, it doesn\u2019t point to an altered future, but rather an accelerated one. The Coronavirus will accelerate changes in the economy that are underway. We were already shifting the supply chain to include home delivery of groceries and everyday items. The Coronavirus lockdown only speeds that shift. Amazon and other suppliers are hiring thousands of workers to meet the acceleration. Education was already moving online and will only do so more now, that schools have cancelled classes and sent students home to log onto their computers. Businesses were already moving to video conferencing and remote-worker organizations.\xa0 The Coronavirus \u2018stay at home\u2019 mandates across the globe, encourage more users of Zoom and remote-worker software. Healthcare was already moving to telehealth-based care.\xa0 The overload of Coronavirus patients on the healthcare system will increase usage of that model. The Coronavirus is moving our economy to the next generation and while it may be painful in the short run, it\u2019s inevitable in the long run. As a startup, think about how your company can be a part of the next economy. That new economy is now here. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group