Steve Blank
MAY 21, 2020
Meanwhile, economists view 15% unemployment as an unacceptable and unsustainable cost of protecting everyone and want the economy to rapidly reopen, accepting that some additional deaths are inevitable. It takes data from South Korea, Spain, Italy and China. wanted everyone to shelter. The result has crashed our economy.
Steve Blank
APRIL 1, 2020
Any place with a fixed cost that relies on foot traffic will come under pressure. Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Cut costs to stay alive for 24 months. Payroll costs/other variable costs. The ripple effects won’t be obvious at first.
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YoungUpstarts
JANUARY 27, 2016
Globally, SMEs that sell overseas generate average revenues of US$1.5 In China, France, Germany, Italy, Japan, South Korea, Spain and Taiwan, exporting SMEs are roughly twice as likely to report such rapid growth compared to their non-exporting counterparts, while exporting SMEs in Brazil, Colombia and India are between 1.1-1.3
Agile VC
FEBRUARY 2, 2012
How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. The next chunk comes from Facebook’s platform, in essence “taxing” the revenues of app developers like Zynga, which represents 15% of revenue.
Both Sides of the Table
JUNE 6, 2012
When you have limited distribution, the costs of distributing media are so prohibitive that only the largest of media producers (and distributors) are relevant. That couldn’t happen without the advent of lower cost production & distribution. This was how companies who produced media became big before the Internet.
Both Sides of the Table
JULY 13, 2013
You have been at five startups, you had an exit at your last company where you were the Chief Revenue Officer. Pay me half what you think I want to earn and I’ll pay all my own moving costs.” Not in Europe or South Korea. He wants to retain the CEO title.” ” “I don’t care.
Transformify
MARCH 20, 2020
It is highly likely that thousands of small businesses will go bankrupt as few can afford to pay rent and salaries while generating no revenue at all. Unless the operating costs are cut to the bare minimum, many budget carries may not survive the economic crisis caused by COVID-19. 70-80% job cuts are likely.
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