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The tech companies you identified are getting hit 1st. I expect to eventually see fallout in Fintech, Realestate, Advertising, anyone selling B2B SaaS (particularly to marketing/HR/ sales departments, SMB), etc. It will take time to feel the 2nd and 3rd order impacts. Hopefully, we bounce back quickly, but it's hard to not be a little concerned.

discuss

golergka|5 years ago

Unless their investors believe in a V-shaped recovery afterwards, and are willing to spend money now to gain market space from competitors who would die in the meantime.

Groxx|5 years ago

Advertising seems to be hit - there are quite a few articles around e.g. YouTube paying substantially less to creators.

rodgerd|5 years ago

> It will take time to feel the 2nd and 3rd order impacts.

Ask people at Sun how relying on the .com economy worked out for the company, as one example.

stu2b50|5 years ago

Realestate has already been hit hard. Opendoor had like a 40% layoff + furlough.