Today’s Pill (44): Let’s look just a bit ahead (encore)
While FAMGAs, Chinese mammoths and the likes sit on billions of dollars of cash reserves and will do extremely good, the coronavirus crisis will strike a fatal blow to some other majors. We’ll see unicorns buying unicorns, whales killing whales, and a sea of failures — hundreds of thousands won’t come back.
Business is booming for bankruptcy and turnaround advisors, as well as for the specialists in crisis and change management.
Apart from the startups dealing with covid, the usual suspects (some online retailers, wearables, WFH tools, quantum, telehealth, edtech, fintech, food & foodtech) and Goldman’s four-category cos, it’s hot across: last-mile delivery, emerging techs leveraging AI/ML, supply chain tech, remote senior care, mobile endpoint security, contact center-as-a-service tech, direct-to-consumer kits, biometric devices, information warfare, livestream commerce, touchless tech, aso.
There are plenty of opportunities for entrepreneurs and investors, although the funding environment looks friendlier for startups focused on tech that accommodate changing work/life/play patterns. Additionally and for safety reasons, investors will keep capital closer to home.
