COVID-19; What’s Changing?

Anand Dass
4 min readApr 25, 2020

What will you build?

recently wrote another seminal piece- “Its Time to Build”. If you haven’t read it already, head over to the A16Z blog. PMarca lays out (with his usual flourish) the challenges and opportunities during COVID-19.

While researching for a side project, I came across a few interesting public data points on changes caused by COVID. So, I compiled them into a poor-man’s-Mary Meeker-style presentation. Sharing it here in case people find it useful. All sources of information are in the links at the bottom of the post.

Feel free to use these with attribution.

doesn’t enable embedding documents yet (puhweese :-) ). So, if you need the deck, DM me. Happy to share it with you. Details at the end of this post.

COVID-19 is changing people, families and society

Norms, beliefs, expectations are changing

COVID-19 is changing businesses & economies

We don’t know how deep or how long the “great cessation” will last.

“The likeliest scenario — specifically, for a situation where unemployment mushrooms to 15 percent — a record in modern American history — is the economy starts growing again by no earlier than September, and U.S. GDP for the year contracts by 6 percent”- Economists, The Conference Board

But volatility is also creating opportunities

Growth from “flight to safety”

Sometimes those opportunities are unexpected

Growth from physical isolation

Several internet trends are accelerating

Telemedicine Up 6X, Web Conferencing Up 4.5X, Video Platforms Up 3X

Millions of people and SMBs are out of a job

How can we help gainfully re-employ human potential lost due to COVID?

People will seek to replicate offline experiences online

Online learning, fitness, education are all experiencing rapid growth

Google Trends

People will experience mental isolation

Physical isolation will change our way of being till a COVID Vaccine is invented (~12–18 months?)

“Isolate yourself from other people. Be afraid of hugging someone.” Just think how emotionally and personally repugnant that concept is. We crave human connection, and now we’re being told that could be dangerous. You can’t kiss. You can’t hug. You can’t hold hands”- NY Governor Cuomo, April 1 2020

In summary, now is the time to build things that will help people

💰 Find a livelihood or
💻 Replicate their offline experiences online or
😃 Improve their wellness

If you are working on these or related ideas, I’d love to hear from you. DM at FN.LN@Sloan.mit.edu

What will you build?

References

https://www.bbc.com/news/business-51706225

https://abcnews.go.com/Health/10-ways-life-changed-coronavirus-struck/story?id=69535464

https://beyondphilosophy.com/how-will-covid-19-change-customer-behavior-and-habits/

https://www.psychologytoday.com/us/blog/motivate/202003/7-surprising-ways-covid-19-is-changing-the-way-you-think

https://www.politico.com/news/magazine/2020/03/19/coronavirus-effect-economy-life-society-analysis-covid-135579

https://twitter.com/andrewchen/status/1241065084245299201/photo/1

https://hbr.org/2020/03/what-coronavirus-could-mean-for-the-global-economy

https://www.bloomberg.com/graphics/2020-coronavirus-pandemic-global-economic-risk/

https://www.cnn.com/2020/04/03/perspectives/us-economy-predictions-coronavirus/index.html

https://www.cnbc.com/2020/03/12/coronavirus-impact-on-global-economy-financial-markets-in-6-charts.html

https://qz.com/1815887/you-can-see-the-impact-of-coronavirus-from-space/

https://www.visualcapitalist.com/shoppers-buying-online-ecommerce-covid-19/

https://qz.com/1815887/you-can-see-the-impact-of-coronavirus-from-space/

https://www.bloomberg.com/news/articles/2020-03-24/orange-juice-is-back-in-fashion-with-biggest-rally-since-2015

https://www.forbes.com/sites/johnkoetsier/2020/04/04/social-distancing-software-telemedicine-up-6x-web-conferencing-up-45x-video-platforms-up-3x/#6a0a94841e17

https://sensortower.com/blog/top-apps-worldwide-march-2020-by-downloads

https://www.commondreams.org/views/2020/04/02/portrait-disaster-initial-unemployment-claims-us-jump-211000-66-million-just-3

https://www.businessinsider.com/us-weekly-jobless-claims-report-preview-economist-forecasts-unemployment-coronavirus-2020-4

https://www.wired.com/story/coronavirus-exposes-workers-risks-gig-economy/

https://www.mckinsey.com/industries/financial-services/our-insights/tracking-us-small-and-medium-sized-business-sentiment-during-covid-19

https://www.sciencedirect.com/science/article/pii/S2352827319300011

https://www.nytimes.com/1988/08/04/us/health-psychology-researchers-add-sounds-silence-growing-list-health-risks.html

https://www.sciencedaily.com/releases/2008/09/080915122729.htm

https://www.sciencedaily.com/releases/2009/09/090929133115.htm

https://science.howstuffworks.com/life/inside-the-mind/emotions/isolation-effects.htm

https://www.tonyrobbins.com/health-vitality/loneliness-and-longevity/

https://www.bloomberg.com/news/articles/2020-03-24/orange-juice-is-back-in-fashion-with-biggest-rally-since-2015

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Anand Dass

Metaverse Content @Meta. Prev:Postmates. Co-Founder@Filestack, YC, MIT, McK. Builder, Scaler, Fixer, Father. Founders DM Qns Fn.Ln@Sloan.mit.edu. Here to help!