Tag: Startups
Nearly half of startups struggling due to COVID
June 29, 2020SSN Staff
NEW YORK—According to Atlas VPN investigation, 40 percent of startups saw their revenue drop by 40 percent or more during the COVID-19 pandemic.
More than 7 in 10 startups saw their income drop since the start of the pandemic, and on average, saw their revenue diminish by 32 percent.
Even 18 percent of new companies saw their revenue plummet anywhere from 61 percent to 99 percent since the beginning of the crisis. A significant portion, 7 percent of startups, lost all their customers due to...