Product Habits - Layoffs tracker

Final Call! Take Our Zoom Survey.

Zoom has, in many ways, become the go-to video conferencing platform during this pandemic. Wondering how other people are feeling about and using Zoom? We launched a survey to find out, and we're going to analyze responses and share what we learn in the coming weeks. If you haven't already, you can take the five-minute survey here—final call! 

COVID-19 Layoffs Tracker

Tens of thousands of people have been laid off from startup and tech companies in the past two months. If you happen to be hiring or looking to meet great talent, this layoffs tracker features over 300 startups that have laid off more than 30,000 employees since early March. Similarly, if you're looking for work opportunities, there is a tab listing companies that are still hiring. Check it out here. 

41% of Global Startups Have Less Than 3 Months of Cash

It's a grim statistic: 41% of startups around the globe have less than three months' worth of cash available. Another 24% have only 4-6 months worth of cash on hand. It hints at a fragile ecosystem that will undoubtedly lead to many startups shuttering. Here's a sobering look at how COVID-19 is leading to terminations, fundraising derailment, budget cuts, and more. 

Sales and Marketing Strategy in the Time of COVID-19

No one has a playbook for how to best market and sell during this unprecedented time. But, there has also never been more freedom to experiment. I love that this article is divided into three sections: things you should reconsider or stop, things you may want to try, and things you should keep doing—now more than ever. My favorites: switch from a position of selling to one of teaching, and boil down events and content. 

The New Rules of Growth vs. Profitability

It's been a standard practice in the startup world for a while now to prioritize growth over profitability. I think that is finally going to shift in this new climate. The NFX team put together a helpful guide to support founders in building iconic businesses during challenging times. It starts with survival—understanding your cash position and extending your runway as much as possible. Then it moves into how you can thrive by taking advantage of cheap growth, and ultimately, how to juggle the inevitable balancing act between profitability and growth. 

State of the Cloud 2020

Bessemer Venture Partners believes the future of technology is forged in the cloud, and after two decades of growth, it's just the beginning. In this State of the Cloud 2020 Report, the team distills twenty years of data on private and public cloud market trends, as well as predictions for emerging categories they are exploring. This high-level report puts the cloud market—and its future—into perspective. 

Another Pandemic Woe: Zoom Fatigue

First, Zoom became our social lifeline. Then, it became the object of privacy and security concerns. Now, it's physically and psychologically zapping many of us. If you've found videoconferencing exhausting lately, this explains why. Just know you're not alone.