Hacker News new | ask | show | jobs
by manuelflara 2237 days ago
Well, it makes a lot of sense that companies that make money in hospitality and transport would be taking a big hit. Other unicorns like Dropbox, Stripe etc that work pretty much exclusively online, however, are doing fine.
2 comments

Stripe is a different situation than Dropbox. Besides being predominantly online, Stripe is also directly involved in online transactions, including ecommerce.

Shopify, which is 100% ecommerce, just reported record numbers.

With quite a bit of retail shutdown as well as many people not wanting to leave their home, lots of money is shifting online, and these ecommerce enablement companies are going to benefit a lot.

Dropbox cancelled its internship program, so not sure if they're doing "fine"
Is that because of financial straits, or because they didn't think they could support an impactful and valuable internship program remotely? I could certainly understand the latter...
That may have more to do with the difficulties of hosting remote internships though.
I doubt Dropbox have seen a significant drop in paying subscribers or increase in costs in the wake of the coronavirus.