COVID-19

“You know, our business is off 95%. We had 900 flights a day before the crisis. We're down to under 50 flights a day.”

“In the early stages of this, yes, we saw a huge increase in the number of new teams being created, which is kind of people signing up for Slack in the first place, converting to paid status, the customers who are already paid, adding more users the people who …”

“In our survey of millennials, I think it was 33% of Gen Z lost jobs in our survey due to COVID versus only about eight percent of the baby boomers had lost jobs.”

“As soon as COVID hit, of course, and retailers shut down, most retailers, if not all of them, as well as a lot of our distributors, just canceled their forward orders.”

“And then come Monday, I think this was March 12th or something, We had our best retail day, and we're saying, like, huh, maybe, like, COVID won't affect us. And then five days later, we closed all of our stores.”

“So we renamed it origami joggers, which is actually how I wear those pants because it has a great elastic waistband. And sales basically had gone from like, call it, we were selling a hundred units. It had gone from like a hundred units to eight units right af…”

“And I think that started with COVID 19. COVID 19 was an equal opportunity killer. Does not care about anything other than taking you out of this life. And when you're faced with this whole issue of death, you start becoming sensitized, I think. And then with t…”

“So overnight in almost, you know, close to, I would say, 95% of our markets most of our studios closed down.”

“And that meant that, you know, for the first couple of weeks that this was happening, we were down like 80% a day in sales.”

“I would say that barbers are probably one of the few Types of professionals that are very well equipped in this new environment because they actually go to school for this. In order to get a barber license, you have to study, you know, disinfecting and taking …”

“We actually ended up revising up our pre-COVID budget.”

“All of a sudden the growth came in at 84% and we were massively profitable.”

“You know, we normally see about, pre-COVID, it was about twenty million students were coming per month, and that increased to thirty million, and then they were also spending 50% more Time on the site. and then, you know, our registrations went through the ro…”

“Right after COVID hit in April, we did a survey of our early stage founders. We talked to 250 early stage founders in our community, and it was interesting. 50% felt that COVID would negatively impact their business, but 50% had already pivoted, which just spe…”

“You had to shut down, exactly, completely, and we went to zero.”

“The governor hadn't moved yet to close us down. I think a lot of folks thought we were responding to, you know, a demand, but no, we felt really the compulsion that we need to do what we have to protect Portland. And so we shut down in the middle of the day, w…”

“Pick your trend that preexisted COVID, and I'll show you something that was accelerated by at least five years during COVID.”

“We should have done about Ten million dollars in sales, and we lost five million dollars of sales in the last two weeks of March alone.”

“We watched our business go from like 50% year over year in growth in that January To a -12% year over year growth in March of that year. And I'm grateful that within a matter of weeks it had rebounded and we were back at like 30% plus year over year and then 4…”

“I mean, in beauty, 80% still bought in stores until COVID hit, and so the adoption of beauty onto e-commerce really, you know, took a lot longer than we ever imagined in 99.”

“I think when COVID started, people started to realize that those big threats that we're all worried about and saw in the movies, It can actually happen. And I think now we're starting to see people taking this much more seriously. It wasn't like that in 2016 w…”

“In fact, at the most intense part of negotiation, our factories were shut down because of COVID.”

“We had 1500 studios open and 1500 studios closed.”

“And then our online business, you know, DTC, also started to grow in a significant way because people weren't going to stores, and so I think we actually, we also turned the business to profitability. We were EBITDA positive”

“Taking these features that we had otherwise considered duds, if you will, right? Voice calling, FaceTime calling. Videos, like these features that nobody wanted to use. They were like the lowest on the interest pole”

“Every single bike company had no inventory.”

“And at that time we were doing, I think around 30,000 dollars online a day or something. And I put out that email and in 24 hours we did like over a million dollars. On our website.”

“April was 98%. Yeah, May was 95. Whew. It was just an absolute brutal set of decisions to, you know, having to lay off you know, close to 70% of the company.”

“The employees would reflect a lot on the weekends, and then more would be scared to come in, and that Monday, we had 70% worker call out.”

“And we did bring back about 10,000. Prior to COVID, I think it was around 10,000 bears that we had found over the years and brought back to kids.”

“We had aggressive plans that year, and then I think early April of 2020, we had gone from this company that was growing like this to maybe revenues down over 90%.”

“We were selling equipment for streaming church services. We were selling guitars for first-time owners, and our business that year grew by 40%.”

“We kind of took the opposite, and we went wholesale heavy, so I was about 90% wholesale over COVID.”