This Week in Startups $MSFT, $GOOG, $SPOT earnings breakdowns + Coco CEO Zach Rash | E1596
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Oct 27, 2022 Zach Rash, CEO of Coco, leads a groundbreaking robo-delivery startup utilizing remote-controlled robots for food and grocery delivery. He shares insights on why now is the ideal time to launch a company, especially in the evolving last mile delivery market projected to surpass $123 billion by 2030. The discussion highlights the unique challenges of urban delivery logistics, the advantages of their robotic model over traditional services, and the importance of sustainability in manufacturing. Get ready to discover the future of delivery excellence!
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Recession Impacting Strongest Companies
- Microsoft's slowest revenue growth in 5 years signals the recession hitting strong companies.
- Their stock is down 30% in 2022, a $750 billion market cap drop.
PC Sales and COVID
- The COVID boom and bust cycle heavily impacted PC sales.
- People bought PCs during lockdown, leading to a decrease in sales now.
Cost-Cutting in Downturn
- Scrutinize all expenses during a downturn.
- Look for unused software, hardware, and services to cut costs, like Jason Calacanis canceling his Verizon Mifi.