+2 votes
in Startup Ideas by

Recently, We are having different news about the recession and startup layoffs. Stock markets are crashing. 

813 startups w/ layoffs ∙ 135548 employees laid off ∙ Since 3/11/20

https://layoffs.fyi/

How can we survive as a business?

by Intern (254 points)
some companies still hiring in the period of recession how are they surviving themselves. were the preparation for this already. what is your point of view on them.

1 Answer

0 votes
by Professional (616 points)
Pakistan is a growing market with many areas where new products emerge. Many startups, focusing on burn rate and making +ve unit economics, are still hiring.

If you want to start your business or startup, focus on unit economics. Don't make a focus on investment.

If you want to join startups as an employee, check the business model of the startup. If the startup is totally relying on investments, you might face issues in this environment.
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