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by llampx 1260 days ago
There was a slide deck by Sequioa going around recently, wherein one of the points was that the companies that cut costs hard and fast at the beginning of the recession were more likely to survive to the end of it.

Either that or they see something the rest of us don't when looking at economic data (a long recession).

2 comments

That's the general consensus, especially around YC companies. Didn't they send out warnings early last year suggesting people cut early and deep? I really don't think Salesforce falls into that category though. They aren't going out of business any time soon and their revenue may not even drop if there were a recession.
Why would their revenue not drop?

Typically, revenue suffers if either clients downgrade or stop their contracts. Or go out of business. Is Salesforce in a position or niche where that doesn't apply?