COVID-19

14 statements across 13 episodes · 3 bullish · 7 bearish · 13 people on the record · first statement May 26, 2020 by Elad Gil · across every show →

Everything said about COVID-19, oldest first

May 26, 2020 negative
Prediction Held up
Elad Gil: Fall 2020 COVID-19 wave will trigger new lockdowns
“My belief is that we're going to see a second wave of COVID in the fall, and there will be a subset of states that will lock down and a subset of countries that will again.”
Elad Gil May 26, 2020 ▶ 6:16 20VC: Elad Gil on Startup Offense and Defence in a Recession, How The Venture Landscape Has Shifted & All Things Valuations, Secondaries and Layoffs
Jun 8, 2020 positive
Assertion Not checkable as stated
The COVID-19 remote work boom forestalled expected collaboration startup failures
“Almost all of these collaboration companies are proving to be counter-cyclical with COVID 19, and so far the mass adoption of remote work, I think, is really forestalling what you and I both thought would be a die-off of the first big wave of collaboration com…”
Merci Victoria Grace Jun 8, 2020 ▶ 26:09 20VC: Lightspeed Partner, Merci Victoria Grace on The Future of Collaboration Tools, Bundling vs Unbundling, Synchronous vs Asynchronous & What It Means To Productise The S*** Out of Venture
Jun 12, 2020 bearish
Prediction Not checkable as stated
Best: The shift away from traditional media will not reverse post-pandemic
“COVID has just accelerated that pre-existing trend. And that's something that's not gonna, you're not gonna turn back time on that after that happens.”
Chris Best Jun 12, 2020 ▶ 8:17 20VC: Substack Founder Chris Best on The Future of Public Journalism, Why The Economics Of Attention Have Been Flipped & Why Micropayments For Content Will Not Work
Oct 1, 2020 negative
Assertion Not checkable as stated
Boyle: COVID exposed both how and what K-12 students learn
“I think we're seeing, and I think every person with children right now is seeing this, that like there is a Huge change happening in K through 12 education because of COVID. And the two things that I think have really changed are parents are now aware of how t…”
Katherine Boyle Oct 1, 2020 ▶ 19:17 20VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
Feb 7, 2024 bullish
Assertion Supported
Allebest: COVID and The Queen's Gambit 5xed Chess.com overnight
“When COVID came and the Queen's Gambit hit and our numbers like five X overnight, it grew the game of chess five X.”
Erik Allebest Feb 7, 2024 ▶ 16:58 Erik Allebest: Scaling to $100M Revenue, 150M Members and 700 People, All with No Vc Funding | E1113 · 20VC with Harry Stebbings
Oct 28, 2024 negative
Disclosure
Khachab: Giving employees a week off during COVID was a mistake
“First week of COVID, everyone gets a week off. And I said, okay, it might be great. Everyone can adjust the new situation. Like the opposite was the case. Like purpose was gone. So I think that was a mistake.”
Daniel Khachab Oct 28, 2024 ▶ 47:13 Daniel Khachab: "We Are in the Middle of a Cold War for AI Talent" | E1220 · 20VC with Harry Stebbings
Nov 13, 2024 negative
Assertion Supported
Bolt lost 85% of its $200M revenue within four weeks during COVID
“So COVID hit, and in four weeks we went from just massive, like, about two hundred million of revenues to losing 85% of that.”
Markus Villig Nov 13, 2024 ▶ 52:44 Markus Villig, Founder @Bolt: The Most Insane Story in Startups & The Future of Self-Driving| E1225 · 20VC with Harry Stebbings
Dec 20, 2024 positive
Insight
Plank: Post-COVID drops in baseline hustle make intense effort a larger advantage
“Working your ass off and hustling is like has always been able to get you ahead, but there was a culture pre COVID where that was like table stakes and what everybody did and you were in the office all the time and you showed up at eight and left at six. And i…”
Matt Plank Dec 20, 2024 ▶ 1:06:13 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Jan 27, 2025 negative
Assertion Not checkable as stated
Lime's Revenue Dropped 90% to 95% in Days at COVID-19's Onset
“Nobody builds a plan where your revenues fall 90, 95% in a matter of days, which is what happened in the early weeks of COVID.”
Wayne Ting Jan 27, 2025 ▶ 31:06 Wayne Ting, CEO @Lime: From Losing $3 on Every $1 to $90M in EBITDA | E1252 · 20VC with Harry Stebbings
Mar 12, 2025 negative
Opinion
Östberg: The COVID-19 pandemic was ultimately not good for Delivery Hero
“So I think effectively in the end, COVID was not a good thing for us.”
Niklas Östberg Mar 12, 2025 ▶ 46:26 Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
May 26, 2025
Disclosure
Airwallex revenue halved in 2020 at the onset of COVID-19
“We lucky that Ian closed around in 2020 when our revenue halved and COVID happened and, you know, stock down 30%”
Jack Zhang May 26, 2025 ▶ 1:27:36 Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings
Jun 23, 2025
Assertion Supported
GetYourGuide revenues dropped to zero within three weeks during COVID-19
“It took three weeks from that board meeting to us being at zero revenues, literally zero.”
Johannes Reck Jun 23, 2025 ▶ 37:24 GetYourGuide CEO & Founder, Johannes Reck: The Wild Story Raising $450M From Masa and Softbank · 20VC with Harry Stebbings
Jun 23, 2025
What-if
GetYourGuide would have gone bankrupt during COVID without its $450M round
“For us it was the decision that ultimately made Get Your Guide into what it is today, because just six months after we raised that money, COVID hit. So we would be bankrupt without that round.”
Johannes Reck Jun 23, 2025 ▶ 35:04 GetYourGuide CEO & Founder, Johannes Reck: The Wild Story Raising $450M From Masa and Softbank · 20VC with Harry Stebbings
Feb 2, 2026 neutral
Assertion Supported
Navan was the first company to conduct COVID layoffs over Zoom
“They were the first company to let people go. And they got so much shit on, ah, for it because they fired people Over Zoom, as if there was any other way they could have, and they still got a lot of shit from the press”
Oren Zeev Feb 2, 2026 ▶ 26:30 Oren Zeev: Why AI Growth Expectations Are BS & Won't Last? Why GPs Shouldn't Tell LPs Their Strategy
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