MAY 2020
Startups are known for their adaptability. However, Covid19 brought challenges and the odds become less favorable to growth.
Through this study, we present a perceptive evaluation of the impact Covid19 is having in startups in the city of Porto. The topics evaluated include sales, human resources and investment. In addition, startups share how they are or will benefit from the support measures available.
CAPITAL
of startups have 3months of runway
say their sales are impacted negatively
have a positive impact in sales
are not raising VC investment
look for alternative funding sources
have expectations of a negative evolution of investment
TALENT
keep their teams, no dismissals
want to hire
OPERATIONS AND MANAGEMENT
reduced expenses
are concerned with the possible shutdown of their companies
