Impact of COVID-19 on European tech (seedtable.com/covid-19-spreadsheet)
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The Impact of COVID-19 on European tech
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Helping you understand the impact of COVID-19 on technology and society, from broad behavioral changes all the way to specific companies.
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https://seedtable.com/covid-19-spreadsheet
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Who built this?
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This was built by @gonsanchezs from Seedtable. Seedtable provides an analysis of technology in Europe and its impact on society. It goes out every Friday at 9:00am CET and it’s read by over 10,000 founders, employees and investors.
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Subscribe to Seedtable newsletterπŸ‘‰
or read the latest edition 'The Golden Age for Talent is Over' here
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πŸ’¬Collaborate?
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If you want to add a news article supporting or contradicting a view, a company that fits a trend, or a completely new trend, you can list it in this sheet. Once per day I'm going to update the master sheet. Don't have edit access? Request it and I'll grant it.
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πŸ“Other resources
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↳
Mapping Out The Societal & Economic Consequences
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↳
COVID-19 tracker (powered by Stat)
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↳
Companies Hiring During Corona Crisis
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BROAD CHANGESSPECIFIC CHANGESIMPACT ON TECH & COMPANIESCOMPANIES
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✈️
People travel less often & change routines
➜People stop going to work➜Remote work rises
Video collaboration, screensharing and productivity tools
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➜Usage goes down for mobility apps
Mobility, scooter and e-moped companies
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➜Major events cancelled➜Conferences shift to remote
Online conference and webinar software
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➜Fewer hotel stays➜Occupancy goes down in major cities
Hotel and apartment booking platforms
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➜Fewer commercial flights and flight miles➜OTAs will sell less tickets
Ticket booking and other OTAs
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➜Rise in ancillary revenue solutions
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➜Rise in private jet flights
Private jet marketplaces and rentals
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➜Pet sitting marketplaces reduce bookings
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➜Fewer train miles➜OTAs will sell less tickets
Ticket booking and other OTAs
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➜Fewer vehicle miles➜Car bookings go down
Car booking and rental platforms
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➜Less accidents
Insurance, detection, etc.
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➜Fewer local tourism➜Local tour platforms decrease bookings
Local tours marketplaces
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➜Coliving trend slows down➜Coliving platforms affected
Colivings
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➜Business travel declines➜Booking platforms, OTAs, ticket platforms
Business booking platforms
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➜Move to remote meetings and demos
Video and collaboration tools
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➜Schools are cancelled➜Education shifts to online, edtech rises
Ed-tech and home schooling tech
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➜Religious gatherings go down<unknown>
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πŸšΆβ€β™€οΈ
People go out less often & shift spending
➜People order more delivery➜Food delivery apps increase # of deliveries
Food delivery, grocery delivery, last mile delivery
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➜Grocery delivery apps increase # of deliveries
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➜
Supply dies off for delivery apps due to supply chain disruptions
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➜People move around less➜Usage goes down for mobility apps
Micromobility startups
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➜More people train in-doors➜Sports booking platforms reduce usage
Sports booking platforms
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➜Downloads for fitness apps increase
Home fitness and yoga apps
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➜Home equipment purchases increase
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➜News consumption will increase➜Pageviews will go up (entertainment and concern)
News platforms and social media
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➜Media/Entertainment consumption will increase➜Media providers generate more subscriptions
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eSports and other mediums of entertainment rise
Gaming companies, streaming companies, tech layer for Esports
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Porn consumption will increase
Porn and streaming
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Gaming (mobile and otherwise)
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➜People date less often➜Online (video) dating becomes acceptable
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➜Dating apps become messaging apps
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Dating apps DAU drop significantly
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➜
People become concerned about contacts
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Contact tracing (privacy) becomes acceptable (CRM of who you've been in touch with)
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➜Vehicle (and other big purchases delayed)➜
Home and vehicle marketplaces see less transactions
Large purchase marketplaces (vehicles, houses)
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➜Increased divorces➜Legal startups upAmicable.io
Legal and family planning startups
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Less discretionary income to spend➜Investment apps and alternatives will decrease usage
Alternative investments and fintech
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βš”οΈ
Companies go into "survival" mode
➜Hiring freezes➜
Hiring and recruitment platforms affected, HR software
Hiring and recruitment platforms
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➜Perks & benefits reduced➜Budget management and perks platforms affected
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➜Advertising stops➜Big Tech shitty quarters, adtech affected
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➜Software subscriptions reconsidered➜
SaaS in general will slow down growth and review Q goals
General industry
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➜Business travel declines➜Booking platforms, OTAs, ticket platforms
TravelPerk
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Move to remote meetings and demos
Demodesk, Loom
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➜Selling shifts to online➜Software for selling attracts new users
Demodesk
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➜Focus on top priorities➜
Secondary programs (carbon removal) get deprioritized
Pachama, emitWise
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πŸ€’
People get sick & die
➜Investment directed towards healthtechEntire healthtech sector
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➜Supply chains might become a problem➜Innovation and growth slows downGeneral industry
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➜
Shift to software-focused solutions (and telemedicine)
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Advantage for companies who can deploy software fast
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➜Healthcare worker demand up➜
Healthcare workplace marketplaces see increased demand
Healthcare talent marketplaces
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Patients overbooked, rapid construction methods
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➜People pass away at a higher rate➜Estate planning demand goes up
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➜➜Funeral planning demand goes up
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➜Testing kits demands up
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➜Preventative med demand goes up➜Wellness and preventive med apps increase usage
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➜Attempts at vaccine
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πŸ“‰ Global supply chain & markets➜
Hardware supply chains will be affected, specially from Asia
➜Innovation and growth slows downGeneral industry
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➜Debt-laden companies do Chapter 11
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➜Retailers run out of stock (Asian primarily)➜Innovation and growth slows downGeneral industry
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➜Corporate layoffs➜Hiring freezes, people out of work and looking for jobsGeneral industry
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➜Lower lending rates➜Bigger shift to alternative funding (debts) platforms
weareuncapped.com
Alternative funding platforms
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➜Shift to gold➜Bigger shift to alternative funding (debts) platforms
weareuncapped.com
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➜Supplies tighten payment terms➜Bigger shift to alternative funding (debts) platforms
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