“Covid businesses” that got successful

Siddarth Jain
4 replies
At our team lunch, we were just discussing startup stuff and my cofounder said: “which Covid hyped business really found its foot?” The ones that I know: 1. Orange health - doorstep diagnostics in India 2. Zepto - instant grocery delivery at home 3. Drive for remote work via companies like Deel, Remote.com The ones that couldn’t: 1. Virtual offices, events — very few made past the wave; even hopin didn’t make it What categories would you add to either of the lists?

Replies

Derek
4. Zoom 5. Shopify, Gumroad 6. Teachable, Podia, Circle 7. RemoteJobs.com 😻
Derek
@sidphoenix you’re assuming that because his revenue declined, an industry shrank. My site (remotejobs.com) has exploded in growth and only launched 10 months ago. 📈 The industry as a whole is growing, but market shares could be shifting around. For Gumroad — revenue has tripled since 2020. The wave 🌊 of what’s possible online seems to have just moved faster as more and more business discovered and adopted selling more online. 💵 The wave is only getting bigger and moving faster. 🏄‍♂️
Siddarth Jain
@derkolstad true -- I think Shopify and Teachable grew as commerce and education got forced momentum to move digital. Remotejobs did blow up but that wave didn't sustain. (I remember a tweet by OG @levelsio around how his ad revenue on remoteok.com significantly went down last few quarters) I think Circle was a good mention that I missed as digital communities became super popular (although very few communities take off successfully :) ) Btw, most products sold on gumroad / podia are digital already. do you think there was a correlation between podia / gumroad taking off, and covid?
Siddarth Jain
@derkolstad super powerful insight. Bashed my bias. ❤️