In the Coronavirus lockdown, we see trends that will establish the next cycle of startup innovation.
While already underway, there’s an accelerating shift to digital.
Startups in this area will find investor interest if they can provide the following:
- Ability to work online, from anywhere
- Evergreen products that are always in demand
- Efficient delivery of products and services both online and offline, such as the internet or delivery to the customer’s doorstep
Some examples of startups best suited to the shift include restaurants that can move from in-house dining to curbside delivery, businesses ready to sell online rather than in the store, and local gyms streaming live classes online.
These trends were already underway; the Coronavirus is only accelerating that progress.